RMAFC calls for five-year review cycle of revenue allocation formula

By Matthew Denis The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has put forward a proposal advocating for the review of Nigeria’s revenue allocation formula every five years, in line with the provisions of the 1999 Constitution. This proposal was unveiled during a three-day retreat held in Uyo, Akwa Ibom State. Addressing participants on Tuesday, [...]The post RMAFC calls for five-year review cycle of revenue allocation formula appeared first on Nigerian NewsDirect.

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