RMAFC To Establish New Revenue Formula Committee The Revenue Mobilisation Allocation and Fiscal Commission says it will constitute a standing committee next week for the review of the revenue sharing formula among the nation’s three tiers of government. The Chairman of RMAFC, Mr Elias Mbam, who...

RMAFC Vows To Revisit The Nation's Revenue Sharing Formula   The newly reconstituted board of the Revenue Mobilisation Allocation and Fiscal Commission resumed work on Monday and vowed to revisit the nation’s revenue sharing formula. Answering questions from journalists at the inaugural meeting of the 37 commissioners...

Hope Rises For New Revenue Formula As RMAFC Gets New Board   The quest of the 36 state governments for a new revenue formula may soon become a reality as President Muhammadu Buhari is set to inaugurate the board of the Revenue Mobilisation, Allocation and Fiscal...

Tax Probe: RMAFC, Workers Bicker Over Consultants’ Engagement Workers of the Revenue Mobilisation Allocation and Fiscal Commission have disagreed with the management of the organisation over the use of consultants to probe banks for failure to remit all they collect on behalf of the government...

Over Stamp Duty Collection, RMAFC To Probe 22 Banks The Revenue Mobilisation Allocation and Fiscal Commission says it is set to probe 22 commercial banks over stamp duty collections. In a statement issued by the commission’s spokesman, Mr Ibrahim Mohammed, in Abuja on Sunday, RMAFC said...

RMAFC Gets Approval To Probe Banks Over Stamp Duties Collection   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has secured the approval of the National Economic Council to probe banks over the collection of stamp duties, an investigation has shown. Our correspondent learnt that the probe...