RMAFC flags business registration delays, seeks reforms
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has raised concerns over delays in business registration, warning that Nigeria risks losing investors to more efficient markets.
FG to review political office holders salaries soon — RMAFC
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Elias Mbam, said weekend that a review of the remuneration of political and judiciary office holders has begun. The RMAFC chairman disclosed this on Saturday at Amagu community in Ikwo LGA of Ebonyi State during the seventh ‘Ofala’ festival and 30th anniversary of the coronation […]
Pay judges more, cut Buhari, govs, lawmakers’ jumbo allowances, SERAP tells RMAFC
Socio-Economic Rights and Accountability Project (SERAP) has urged Engr. Elias Mbam, Chairman, Revenue Mobilization Allocation and Fiscal Commission (RMAFC) to “urgently review upward the remuneration, allowances, and conditions of service for Nigerian judges, and to review downward the remuneration and allowances of high-ranking political office-holders in order to address the persistent poor treatment of judges, […]
RMAFC deducting Bayelsa funds in favour of Rivers unacceptable —Diri
Governor Douye Diri of Bayelsa State, Tuesday, flayed the deduction of the state’s revenue by the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, in favour of Rivers State following a high court ruling. The governor expressed his dissatisfaction with the development when RMAFC Federal Commissioners representing the South South region paid him a courtesy visit […]
RMAFC deducting Bayelsa funds in favour of Rivers unacceptable —Diri
Governor Douye Diri of Bayelsa State, yesterday, flayed the deduction of the state’s revenue by the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, in favour of Rivers State following a high court ruling. The governor expressed his dissatisfaction with the development when RMAFC Federal Commissioners representing the South South region paid him a courtesy visit […]
RMAFC deducting Bayelsa funds in favour of Rivers unacceptable – Gov Diri
Bayelsa State Governor, Senator Douye Diri, on Tuesday, flayed the deduction of the state’s revenue by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) in favour of Rivers State following a high court ruling. Governor Diri said the hurried implementation of the ruling was unacceptable and sub judice as the state’s appeal was pending at […]
Falling oil revenue: We must end gas flaring, says RMAFC boss
Faced with dwindling oil revenue, which has threatened 2020 federal and state governments’ budgets, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Engr Elias Mbam, has called for an end to gas flaring in the country.
RMAFC: Pay rise for political office holders insensitive — Coalition
By Eric Ugbor The coalition of South-East Youth Leaders (COSEYL) has called on the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) to discontinue the move for a pay rise for politicians. COSEYL President-General, Goodluck Ibem, said the move was outrageous, insensitive and inimical to economic growth because of the burden it would place on Nigeria. […]
RMAFC begins review of salaries of political office holders
By Michael Eboh – Abuja Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has said that it has commenced the review of the salaries and emoluments of political office holders to reflect current economic realities. Addressing newsmen in Abuja, Chairman of RMAFC, Mr Elias Mbam, disclosed that at the conclusion of the review process, the entitlements […]
FIRS contributes 60% of funds to Federation Account in 3 months — RMAFC
Chairman of Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, Chief Elias Mbam, has commended the efforts of the Federal Inland Revenue Service, FIRS, towards revenue generation, stating that the agency contributed 59.7 per cent revenues to Federation Account in the last three months.
Buhari inaugurates Chairman, Commissioners of RMAFC, advises them to assist in ending poverty
Following his campaign promises of improving Nigeria and solidifying its economy, President Muhammadu Buhari, while swearing in the Chairman and Commissioners of the revenue mobilization, allocation and fiscal commission, advised them to do everything constitutional possible to assist his administration in lifting about 100 million Nigerians out of poverty.
Senate confirms Buhari’s RMAFC nominees
THE Senate, Wednesday, confirmed the reappointment of Elias Mbam from Ebonyi State as Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).
RMAFC set to probe collections of stamp duty by 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.
RMAFC: Buhari forwards 30 nominees for senate confirmation
By Johnbosco Agbakwuru President Muhammadu Buhari has forwarded to the Senate for confirmation, the names of 30 nominees as Chairman and Commissioners of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC. A statement signed by Senior Special Assistant to the President on Media and Publicity, Malam Garba, Friday in Abuja said the decision was in […]
Monetary allocations: RMAFC ammendment bill passes second reading in Senate
A bill for an Act to amend the Revenue Mobilization, Allocation and Fiscal Commission Act, RMAFC, Chapter R7, Laws of the Federation of Nigeria, 2004 to empower the Commission to disburse the revenue accrued in the Federation Account to the three tiers of Government in the source currency component (dollar and naira) of the Federation Account, yesterday scaled the second reading.
RMAFC recovers N57.7b from collecting banks
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), as part of its efforts to boost revenue accruals into the federation account, has recovered N57.7 billion unremitted revenues from collecting banks.
