{
  "id": 1400672,
  "title": "RMAFC concludes review of revenue formula for office holders",
  "url": "https://urgent.news/2026/08/17/rmafc-concludes-review-of-revenue-formula-for-office-holders",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T02:19:09.000Z",
  "source": {
    "name": "Daily Trust",
    "slug": "daily-trust",
    "url": "https://dailytrust.com/rmafc-concludes-review-of-revenue-formula-for-office-holders/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has finalized its review of Nigeria’s Revenue Allocation Formula and the remuneration for political, public, and judicial office holders. Chairman Dr. Mohammed Bello Shehu announced this during an interactive session with the Nigerian Guild of Editors (NGE) in Lagos, describing both reviews as significant components of the Commission’s fiscal reform efforts since 2023. The review of the Revenue Allocation Formula involved extensive consultations with all three tiers of government, technical stakeholders, and other participants across the country, resulting in a harmonized report and legislative proposals for transmission to the relevant authorities. These proposals aim to promote a more equitable and sustainable distribution of national revenue, aligning with current economic and governance realities in Nigeria.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}