Why New Revenue Allocation Formular Has Not Been Released—RMAFC

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Mohammed Shehu has blamed the delay in releasing the new revenue allocation formular on the current amendment of the Nigerian constitution.

Nigerian President Muhammadu Buhari had on March 18 signed 19 bills which altered some provisions of the 1999 Constitution – Fifth Alteration Bills 2023.