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Business

Tax Reform Bills: Presidential Committee Chairman, Oyedele Faults RMAFC’s Proposal On VAT Allocation

… Says Proposal To Tag VAT Collections To End-User Locations Not Practicable…Mocks RMAFC For Not Giving Nigeria New Revenue Allocation Formula Years After Completing...
Business

VAT Reform: Oyedele faults RMAFC’s position, calls for constructive approach

Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, on Wednesday, issued a statement addressing the Revenue Mobilisation Allocation and Fiscal...
Business

Follow Tinubu’s Example In Cutting Governance Costs, RMAFC Tells Governors

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has urged state governments to emulate President Bola Tinubu’s recent directive to reduce the size of...
Politics

Senator disputes RMAFC’s N1m claim, says monthly pay is N21m

In a stunning disclosure, Senator Sumaila Kawu, representing Kano South, has revealed that his monthly take-home package exceeds N21 million, contradicting the Revenue Mobilisation...
Business

Why we are increasing salaries of president, other elected officials by 114%,  RMAFC justifies move 

The commission had recommended a 114 per cent increase in the salaries of elected public officials, including President Bola Tinubu, his vice, Senator Kashim...
Business

RMAFC tasks 36 State Assemblies, as political office holders get 114 per cent pay rise

The RMAFC has urged the 36 States Houses of Assembly to hasten efforts on amendment of relevant laws to give room for upward review...
Politics

Obi Condemns Proposed 114% Salary Increase For Politicians, Says Govt Should Prioritize Poverty Alleviation

The candidate of the Labour Party in the February 25th presidential election, Peter Obi, has condemned the proposed 114% salary increase for public officers...
Business

RMAFC Backs FG’s Removal Of Fuel Subsidy, Calls For Palliatives

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reiterated its support for the recent subsidy removal announced by President Bola Ahmed Tinubu during...
Business

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...
Business

RMAFC: States, LGs demand higher revenue allocation

State governments and local governments have requested the Revenue Mobilisation Allocation and Fiscal Commission RMAFC to increase their shares of the federal allocation.Representatives of...
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