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
12 Oct 2021
Governor Ifeanyi Ugwuanyi has urged the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to hasten the designation of Enugu as an oil-bearing state.
7 Oct 2021
Rivers State Governor, Nyesom Wike, has urged the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to reduce revenue accruable to the Federal Government to 40 per cent, and increase states and local government councils to 40 per cent and 20 per cent respectively.
5 Oct 2021
As some Northern states, today, join the Federal Inland Revenue Service (FIRS) in its appeal against the judgment of the Federal High Court empowering Rivers State to collect Value Added Tax (VAT), the South-South...
22 Sep 2021
Representative of Enugu North Senatorial District, Chukwuma Utazi, has decried the exclusion of Enugu State from the oil-producing states following the recent recognition of Kogi and Anambra, as oil-bearing states.
22 Sep 2021
Lagos State government, yesterday, said it would continue to push for a special status for the state in the sharing formula of revenue by the Federal Government.