FG Assures Nigerians of New Revenue Formula

The Revenue Mobilization, Allocation and Fiscal Commission RMAFC have assured that a new and acceptable revenue formula that will tackle new development realities in the country will be in place.

The Commission’s Chairman, Elias Mbam gave the assurance during an interview with newsmen in Abuja.

Mbam commended Nigerians for their effective participation during the Commission’s Zonal Public Hearing for a new revenue sharing formula.

He reiterated the determination of RMAFC to come out with credible, acceptable and fair new revenue sharing formula for the country.