RMAFC proposes reduced allocation for FG, increase for States, LGAs

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has proposed a 3.33% reduction of the statutory allocation to the Federal Government. It however proposed increase of allocations to States and…

RMAFC Presents New Revenue Sharing Formula To Buhari December

The Revenue Mobilisation, Allocation and Fiscal Commission says it will be ready to present a new revenue sharing formula to President Muhammadu Buhari for onward transmission to the National Assembly…