RMFAC, FRC chairmen seek fiscal autonomy for sub-nationals

The Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMFAC), Dr. Mohammed Shehu, and his Fiscal Responsibility Commission (FRC) counterpart, Victor Muruako, have said that Nigeria will develop faster if states and local government areas have financial autonomy. Presenting a paper titled, ‘Rethinking Nigeria's Revenue Allocation Formula: Implications for Fiscal Federalism and Sustainable Development’, [...]The post RMFAC, FRC chairmen seek fiscal autonomy for sub-nationals appeared first on The Guardian Nigeria News - Nigeria and World News.

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