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 and is proposing a new framework for sharing revenues among federal, state, and local governments. The commission has also finalized the review of remuneration for judicial officeholders, which led to the enactment of the Judicial Office Holders (Salaries and Allowances) Act, 2025.

Additionally, the review of remuneration for executive and legislative officeholders is nearing completion, with an executive bill on the Political and Public Office Holders (Salaries and Allowances) Act, 2026 expected to be sent to the National Assembly.

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