rmafc Archives - Freedom Online

Expanded tax net will boost govt revenue, service delivery – RMAFC

Gbemi Banks — Sun, 17 Sep 2023 15:29:07 +0000

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC), has urged Nigerians to endeavor to pay their taxes to boost government revenue and improve service delivery. The Chairman of RMAFC, Muhammad Shehu, said this in an interview on Sunday in Abuja. According to Shehu, less than 40 million Nigerians are presently captured in the tax net […]

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Coalition seeks assent to RMAFC amendment bill

Gbemi Banks — Mon, 24 Jul 2023 08:26:34 +0000

The Centre for Anti-Corruption and Open Leadership (CACOL) has called on President Bola Tinubu to assent to the Bill for an Act to Amend Revenue Mobilization Allocation and Fiscal Commission Act, CAP. R7 LFN 2010. A statement by Mr Debo Adeniran, CACOL Chairman, on Sunday in Abuja, said the bill, which was passed by the 9th […]

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RMAFC cautions NASS on creation of account to capture all excess revenue

Ibrahim Ahmadu — Tue, 13 Mar 2018 16:05:07 +0000

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has urged the National Assembly to be mindful of the constitution in its bid to legalise an account to capture all excess revenue. The Acting Chairman, Mr Shettima Abba-Gana said this on Tuesday in Abuja. The House of Representatives recently moved to legalise the Excess Crude Account […]

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CBN, RMAFC oppose creation of Assets Management Agency

Robby Akeju — Tue, 20 Feb 2018 20:47:43 +0000

The Central Bank of Nigeria (CBN) and the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC), on Tuesday, expressed opposition to the planned creation of a new agency to manage assets seized from corruption and other criminal cases. The agencies made their stance known in Abuja at a public hearing organised by the House Committee on […]

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RMAFC to FG: Don’t sell NLNG, other national assets to fix economy

Roland Edwards — Tue, 20 Sep 2016 22:55:55 +0000

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said that Nigerian Liquefied Natural Gas (NLNG) and other federation assets should not be sold to meet the country`s financial obligations. This is contained in a statement by the commission’s Acting Chairman, Alhaji Shettima Abba-Gana, on Tuesday in Abuja. Abba-Gana was reacting to Alhaji Aliko Dangote’s […]

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RMAFC: NNPC yet to remit N4.9trn into Federation Account

Ibrahim Ahmadu — Mon, 21 Mar 2016 19:38:48 +0000

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said on Monday that the Nigerian National Petroleum Corporation (NNPC) was yet to remit N4.9 trillion into the Federation Account. A statement from the commission’s Head of Public Communications, Mr Ibrahim Mohammed, said that its records showed that the NNPC was owing more than what the Office […]

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Solid minerals sector generates N10.8b in 2015, says RMAFC

Ibrahim Ahmadu — Fri, 22 Jan 2016 21:41:58 +0000

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) said on Friday that the solid minerals sector generated N10.8 billion in 2015. The acting Chairman of the commission, Shettimma Abba-Gana, disclosed this in Abuja. Abba-Gana said the states that contributed to the revenue generated had been paid 13 per cent of the sum based on the […]

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RMAFC backs removal of fuel subsidy, says it’s a major fiscal and financial burden

Ola Simeon — Wed, 23 Dec 2015 22:05:32 +0000

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has urged the Federal Government to remove fuel subsidy because it had become a burden on the nation’s economy. This is contained in a statement by its Head, Public Relations, Mr Ibrahim Mohammed on Wednesday in Abuja. He said the subsidy had not served the masses as […]

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RMAFC: Review of public officers’ remuneration almost ready

Ola Simeon — Fri, 09 Oct 2015 19:42:37 +0000

The much-awaited report on the review of salaries and allowances for political, public and judicial office holders is almost completed, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said. Its Public Relations Officer, Mr Ibrahim Mohammed, revealed this on Friday in Abuja. The Chairman of the Commission, Mr Elias Mbam, in June, inaugurated members […]

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