Tag: RMAFC
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Obey Supreme Court order, Bayelsa Govt urges RMAFC
The Bayelsa Government has urged the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) to obey the Supreme Court order over the disputed Soku oil and gas fields, which ownership is in contention between Bayelsa and Rivers States. Gov. Douye Diri made the call on Thursday when he received a fact-finding team from the federal agency…
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RMAFC uncovers $205m in revenue not remitted by oil firms
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed the discovery of over 205 million dollars ($205,013,760) in revenues not remitted by some oil and gas companies operating in the country.
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Fact Check: Who between Gov Wike, S-South Govs lied on 13% derivation?
Governor Nyesom Wike of Rivers State is perhaps the most talked about governor in Nigeria today. And it is neither by accident nor is it a coincidence. It is a carefully choreographed and well funded strategy to dominate the national political and media space. He sure knows how to force himself, his views on the…
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Kogi joins oil producing state, gets derivation allocation
Kogi State has finally joined the league of oil producing states in Nigeria as it received the first derivation allocation from the Federation Account.
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Buhari swears in new RMAFC Chairman, Muhammed Bello
President Muhammadu Buhari has sworn-in new Chairman for Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Mohammed Shehu.
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Boost for Soludo as Anambra receives maiden 13% derivation fund
Governor Charles Soludo should have every cause to smile as the state receives its first 13percent derivation from Federal Government. This development has settled the prolonged controversy about oil yielding/producing status of Anambra State has at last now laid to rest permanently.
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Gov Umahi’s brother, Austin Umahi rejects Buhari’s appointment
Chief Austin Umahi has declined his appointment as the secretary of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). Chief Umahi, who is the younger brother of Gov. Dave Umahi of Ebonyi, in a statement on Thursday in Abakaliki, however, appreciated those who congratulated him on the appointment.
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New revenue sharing formula coming soon – RMAFC
New revenue sharing formula coming soon – RMAFC
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Buhari approves Anambra’s status as petroleum-bearing State
Buhari approves Anambra’s status as petroleum-bearing State
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Gombe Gov makes case for upward review of allocations to States, LGAs
Gombe Gov demands upward review of allocations to States, LGAs