RMAFC Calls For Revenue Formula Review To Boost Fiscal Management
Uko Okon, Uyo The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has proposed reviewing Nigeria’s revenue allocation formula to enhance fiscal management and promote economic development. According to the Commission, reviewing the formula every five years, as stipulated by the Constitution, would ensure equitable revenue distribution among the three government tiers. This was part of…
