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RMAFC completes revenue sharing review, proposes new pay

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has completed its review of Nigeria’s Revenue Allocation Formula and proposed new pay for Read More: https://punchng.com/rmafc-completes-revenue-sharing-review-proposes-new-pay/

RMAFC completes revenue sharing review, proposes new pay

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has completed the review of Nigeria's Revenue Allocation Formula, paving the way for a new framework to share revenues among federal, state, and local governments. The commission has also finished reviewing remuneration for judicial officeholders, leading to the enactment of the Judicial Office Holders (Salaries and Allowances) Act, 2025.

Additionally, the review of remuneration for executive and legislative officeholders is at an advanced stage, with an executive bill on the Political and Public Office Holders (Salaries and Allowances) Act, 2026 expected to be transmitted to the National Assembly. RMAFC Chairman Mohammed Shehu emphasized that remuneration reforms must be accompanied by better service delivery and accountability, stating that improved pay should translate into improved service delivery.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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