Nigeria’s Revenue Mobilization Allocation and Fiscal Commission (RMAFC) is wrapping up a review of the national revenue‑sharing formula and has begun a nationwide data‑verification drive to underpin the new framework. The overhaul will reshape how federal funds are allocated to states, directly affecting state budgets and public service financing across the country.
Nigeria’s RMAFC is in the final stages of reviewing the national revenue-sharing formula, launching a nationwide data verification exercise for a new frame Read More: https://punchng.com/nigeria-moves-closer-to-new-revenue-sharing-formula/