A fresh initiative to overthrow the anti-federalist monthly allocation formula and ensure that resources are shared among the tiers of government in an equitable, progressive and less contentious ...

President Muhammadu Buhari has been advised to, as a matter of urgency, submit a proposal on a new Revenue Allocation Formula to the House of Representatives. The lawmakers said the formula presently ...

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 federal government, on Friday, acknowledged the fact that a new revenue allocation formula for the country was long overdue. Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, ...

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 ...

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced the commencement of fresh review of Nigeria’s revenue-sharing formula, but stakeholders are demanding more funds for ...

There is need to devolve more financial resources to the states and local governments When in 2021, then President Muhammadu Buhari received the report of the review of the vertical revenue allocation ...