A new revenue sharing formula for Nigeria is ready, The Nation has learnt. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) will submit the new formula to President Muhammadu Buhari.
RMAFC completes reviews of Nigeria’s revenue allocation formula and political office holders’ salaries, with proposals ...
The Nigerian federation has been derisively described as ‘feeding bottle federalism’ characterised by the monthly revenue sharing among the three tiers of government. In recent times, states have ...
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