Tuesday, 17th May 2022
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Breaking News:


9 Apr
Some stakeholders have cautioned states and local councils against complacency in the new revenue sharing formula proposed by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).
27 Jan
A Federal High Court, Abuja has declared as unconstitutional the Federal Government’s deduction of funds directly from the Federation Account to fund the Nigeria Police Force (NPF) in line with Section 4(1)(a) and (b) of the Nigeria Police Trust Fund (Establishment) Act 2019.
12 Jan
The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, has charged the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to focus on monitoring revenue collection and not be involved in the process of collection.
30 Nov
The Lagos State Government can do a lot more than it is presently doing to harness the state’s resources with a view to improving the conditions of living of people in the state. Nevertheless, it is undeniable, and indeed overdue...
16 Nov 2021
The Federal Capital Territory Minister, Malam Muhammad Bello has renewed call for special funding arrangements for the territory from the Federation Account.
15 Nov 2021
Some Nigerian economists have faulted the recent Federal Government’s proposal of marginal increase in revenue allocation to local councils, saying it goes against the tenets of true federalism.
15 Nov 2021
The decision of the Federal Government lately approving and mandating the newly registered Nigerian National Petroleum Company (NNPC) Limited to construct 21 different roads at a whopping sum of N621 billion across the six geo-political...
14 Nov 2021
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), on Sunday gave the assurance that a new and acceptable revenue formula
6 Nov 2021
The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) has begun review of the current revenue allocation formula.
29 Oct 2021
The six North East states of the federation have called for the eradication of horizontal sharing and distribution of revenue allocation formula.
26 Oct 2021
Seven states from the Northwest, yesterday, asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to give it lion share of revenue to state and local governments.
25 Oct 2021
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) carry a huge burden of responsibility to ensure that the distribution of the consolidated revenue fund is fair


3 hours ago
More than 100,000 people are now listed as missing in violence-wracked Mexico, a grim milestone that the United Nations rights chief on Tuesday called "a tragedy of enormous proportions."
3 hours ago
The Economic and Financial Crimes Commission has arrested former speaker of the House of Representatives, Patricia Etteh. Etteh, who is presently being grilled by EFCC’s special duties unit was alleged to be involved in a solar power electrification scam in Akwa Ibom State.
4 hours ago
Trading on the Nigerian Exchange Ltd., (NGX) on Tuesday, again closed on a negative note with a loss of 0.35 per cent, following sustained sell pressure by investors.
4 hours ago
Bridgerton lovers will watch the love story between Penelope Featherington and Colin Bridgerton unfold in the show's third season.  The new plot for season three takes a different turn from the book series. The book's third novel focuses on Benedict Bridgerton and the surprising love he finds. The film's new plot was confirmed by Penelope actress…
5 hours ago
ACCRA, Ghana, 17 May 2022, /African Media Agency/-  Ghana Enterprises Agency (GEA) and IE Africa Center (IE University, Spain) have announced a partnership to promote the economic empowerment of women in Ghana by focusing on providing leadership and development training for women entrepreneurs. Empowering women is one of the most crucial concerns of the Millennium Development Goals of the United Nations.…