Tag Archives: RMAFC

Subsidy Removal: RMAFC Applauds FG, Wants Robust Palliatives For Nigerians

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has lend its support to the Federal government's removal of fuel subsidy just as it called on the President and Commander In Chief of the Armed Forces of Nigeria, President Bola Ahmed Tinubu to work out strategies with robust palliatives that would cushion the attendant effect of the new policy on the masses.

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RMAFC Recovers N57.7bn Unremitted Revenue From Banks

RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), on Tuesday, said it has so far recovered about N57.7 billion unremitted revenues from collecting banks in its efforts to boost revenue accruals into the federation account. According to the agency, the recovery followed intensive verification and reconciliation of revenue collections and remittances by designated banks engaged by the Nigeria Customs Service (NCS) …

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Selling NLNG, other national assets to boost economy, unwise- RMAFC

    The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has advised the Federal Government against advice from some Nigerians to sell the multi-billion dollar Nigeria Liquefied Natural Gas Limited (NLNG) to raise funds for the ailing economy. While the Federal Government thinks through plans to raise between $10 and $15 billion  (about N4.72 trillion) to boost the economy, prominent …

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