RMAFC

President Bola Tinubu has approved the appointment of Ambassador Desmond Akawor to serve as a Federal Commissioner of the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC), pending the confirmation of the Nigerian Senate.…

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Shehu has disclosed that members of the National Assembly do not earn bogus salaries as speculated but statutory office running costs. He made…

The Senate, on Tuesday, confirmed Mohammed Bello as Chairman, Revenue Mobilization Allocation and Fiscal Commission. Bello’s confirmation was sequel to the consideration of a report by the Committee on National Planning and Economic…

The newly proposed revenue sharing formula has slashed the share of the federal government in a federally collected revenue by 7.57 per cent and gives more to both states and local governments. Details of the proposed formula by the…

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has commended the Mele Kyari-led management of the Nigerian National Petroleum Corporation (NNPC) for its openness and sustained progress towards accountability and meeting…

Bayelsa state on Tuesday failed to reclaim the ownership of the disputed Soku Oil wells as the Supreme Court struck out two suits and affirmed the ruling of the lower court which earlier directed the hand over to Rivers State.…

The Brewery giant, Guinness Nigeria Plc has been caught in a web of non-remittance of excise duty totalling N474 million in a federal government verification exercise embarked upon to detect errant manufacturing companies that have…

AMINA HUSSAINI The Federal Government is set to beam its searchlight into revenue generated and remittances made into the Federation Account by its agencies between 2016 and 2019. Some of the federal ministries, departments…

AMINA HUSSAINI Nigeria's gas sector offers US$1 billion annual revenue potentials for the country, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed. The RMAFC Chairman, Elias Mbam, who stated this in a…

The Senate on Wednesday confirmed the appointment of Dr. Tella Adeniran Rahmon, representing Osun State, as Resident Electoral Commissioner (REC). The upper chamber also confirmed the appointment of Engr. Usman Mahmud Hassan as…