Gov. Yahaya Bello of Kogi, on Thursday called for the review of the revenue-sharing formula with the federal government’s share dropping from 52.68 per cent to 39 per cent. He also proposed that ...

Civil Society Organisations have commended President Bola Tinubu in his efforts to establish a fair and constitutionally compliant Value Added Tax sharing formula. The groups described the move as a ...

The chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Bello Shehu, has reaffirmed the Commission’s determination to produce a new, equitable, and data-driven ...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it will be more productive to review the nation’s revenue allocation formula every five years. This is contained in a communique ...

The Revenue Mobilisation Allocation and Fiscal Commission has recommended a five-year periodic review of the nation’s revenue allocation formula in line with the constitutional provisions. This was ...

A foundation member of the All Progressive Congress, APC, Osita Okechukwu, on Tuesday, backed the proposed review of the existing Revenue Allocation Formula, saying it is long overdue. Okechukwu ...