RMAFC

RMAFC has begun consultations with government agencies and petroleum-sector stakeholders ahead of a proposed Oil and Gas Investment Summit in China, tentatively scheduled for late November 2026.

June 29 (THEWILL) — President Bola Tinubu on Monday reconvened the Federal Executive Council (FEC) after a break of more than two months, presiding over a meeting at the Council Chamber of the State House, Abuja, where he swore...

June 17, (THEWILL) — The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has described Akwa Ibom State as one of Nigeria’s most significant contributors to national development, commending Governor Umo Eno for what it termed “purposeful leadership” that has...

April 06, (THEWILL) — A high-stakes financial scandal has erupted within the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) over allegations that Akwa Ibom State was paid over ₦33.7b in derivation payments from oil produced in the Gulf of...

January 28, (THEWILL) — The Federal Government, through the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has commenced the plotting of geographic coordinates for newly drilled and long-disputed oil and gas fields along state boundaries — a move...

December 16, (THEWILL) — Inflows into Nigeria’s Federation Account rose to ₦23.06 trillion in the first 10 months of 2025, driven by ongoing fiscal reforms, tighter audits, and improved coordination among revenue-generating agencies, the Revenue Mobilisation Allocation and Fiscal...

October 21, (THEWILL) — The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and Federal Inland Revenue Service (FIRS) have inaugurated a firm, Engaged Consultants for Revenue Recovery Exercise, to boost the Federation Account. Speaking at the inauguration ceremony in...

September 15, (THEWILL) — Do members of the Revenue Mobilisation and Fiscal Allocation Commission (RMAFC) live in the moon? Are they on a leisure cruise in some Caribbean island, beckoning with long, surfing beaches, whistling coconut trees, soft samba...

August 19, (THEWILL) — The Federal Government has indicated plans to increase the salaries of political office holders in the country. Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Shehu, disclosed this to journalists in Abuja on...

December 12, (THEWILL) - The National Economic Council (NEC) has approved the draft legislation seeking to repeal and renew the law establishing the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). It also approved a recommendation to allocate 0.05% of non-oil...