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Aug
Aug
RMAFC Commences Review of Nigeria’s Revenue-Sharing Formula
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admin / 6 months
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- 2 min read
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun a review of Nigeria’s revenue allocation formula, which determines how funds are shared among the federal, state, and local governments. Announcing the process at a news conference in Abuja on Monday, RMAFC Chairman Mohammed Shehu said the review was necessary to reflect current economic and […]