Tag: RMAFC
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RMAFC commences review of emoluments of political, judiciary office holders
Chief Elias Mbam, Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), has said that the commission had begun reviewing the emoluments of political and judiciary office holders. TheNewsGuru.com, TNG reports that Mbam disclosed this on Saturday, at Amagu community in Ikwo local government area of Ebonyi, at the 7th ‘Ofala’ festival and 30th…
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BREAKING: Senate confirms Buhari’s nominees for RMAFC, SEC
The Senate on Wednesday approved six out of the seven nominees by President Muhammadu Buhari for appointment as Commissioners for Revenue Mobilization, Allocation and Fiscal Commission (RMAFC). The Senate’s approval of the nominees followed the presentation of a report by its Chairman, Committee on National Planning and Economic Affairs Sen. Adetunmbi Olubunmi (APC Ekiti North).…
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Buhari approves appointment of new RMAFC, CMD chiefs
President Muhammadu Buhari has approved the appointment of Mohammed Shehu as Secretary of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). He also approved the appointment of Bitrus Chinoko as the Director-General of the Centre for Management Development (CMD), Lagos. The President’s approvals for both appointments were contained in a statement issued last night by…
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RMAFC recovers N75b from revenue collecting agencies
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has recovered over N75 billion from revenue collecting agencies working for the Federal Inland Revenue Service (FIRS) and the Nigerian Customs Service (NCS). Its Chairman Elias Mbam, however, did not specify the agencies that were audited but banks are mostly the first choice revenue collecting agents…
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FIRS contributes 59.7 percent to Federation Account – RMAFC
The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Chief Elias Mbam has confirmed that the Federal Inland Revenue Service (FIRS) has contributed 59.7 percent, representing more than half of revenues to the Federation Account in the last three months. A statement from the FIRS said Mbam spoke on Thursday when he led…
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Buhari inaugurates RMAFC Chairman, Commissioners
President Muhammadu Buhari on Thursday swore in the Chairman and 30 Commissioners of Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) and charged them to be fair and just to all tiers of government. The president gave the charge while swearing-in the members of the Commission at the Presidential Villa, Abuja, and urged them not to…
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RMAFC to recover N100b stamp duty funds from banks
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says it will soon commence probe of banks over stamp duties collection as it expects to recover more than N100 billion from the probe. A statement by Mr Ibrahim Mohammed, the commission’s spokesperson on Sunday in Abuja, however, did not specify when the probe would commence. He,…
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RMAFC: SERAP seeks voluntary return of ‘illegal running costs, allowances’ by NASS
Socio-Economic Rights and Accountability Project (SERAP) has urged President of the Senate Dr Bukola Saraki and Speaker of the House of Representatives Mr Yakubu Dogara to “persuade their members to voluntarily return running costs and other allowances so far collected, and now declared as illegal by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), and…
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Senator’s takehome: Who to believe, RMAFC or Shehu Sani?
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has come forward to clarify its position on the unending controversies surrounding the actual remuneration figures of members of the National Assembly. In a statement signed by RMAFC’s Spokesperson, Mr Ibrahim Mohammed, the Commission stated that the clarification is become imperative in view of the recent revelations…
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RMAFC cautions NASS on creation of account to capture all excess revenue
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 in an interview with newsmen on Tuesday in Abuja. The House of Representatives recently moved to…