Recently, Chairman of the Senate Committee on Services, Senator Sunday Steve Karimi, introduced a controversial bill proposing a review of the revenue-sharing formula that would allocate more funds to ...

The Nigerian federation has been derisively described as ‘feeding bottle federalism’ characterised by the monthly revenue sharing among the three tiers of government. In recent times, states have ...

The Revenue Mobilisation Allocation and Fiscal Commission has recommended a five-year periodic review of the nation’s revenue allocation formula in line with the constitutional provisions. This was ...

Nigeria has reached yet another defining moment in its economic governance. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has set in motion the process of reviewing the revenue ...

THE non-passage of amendments in the 1999 Constitution may have stalled the transmission of the proposed new revenue formula to the National Assembly. Chairman of the Revenue Mobilisation Allocation ...