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 new revenue formula may be ready by December this year,The Nation has learnt. Going by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) timeline, work on the formula might be ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...