• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

      Customs Gets 4 New Deputy Comptrollers-General, 12 ACGs, Promotes 3,312 Officers

      DG NITDA Inuwa Kashifu at the GITEX Nigeria

      Sanwo-Olu, Tijani, Kashifu Urge Digital Innovation as GITEX Nigeria Opens

      Members of National Regional Development

      FG Inaugurates Boards, Management Teams of Three Regional Development Commissions

  • National
    • Blasphemy Debora and Suspect

      Amaye and the Tragedy of Jungle Justice By Umar Farouk Bala

      ASUU-STRIKE

      Strikes in Nigeria and the Collapse of Public Service By Tahir…

      IG Deploys FPRO Adejobi to Delta State Command

      President Bola Ahmed Tinubu

      Tinubu Orders Mandatory Health Insurance Implementation Across MDAs

      Maj-Gen. Adamu Laka. image. Google

      Nigeria Records 775 Terrorism Convictions in Eight Phases of Trials –…

    • Government
      • ASUU-STRIKE

        Strikes in Nigeria and the Collapse of Public Service By Tahir…

        President Bola Ahmed Tinubu

        Tinubu Orders Mandatory Health Insurance Implementation Across MDAs

        Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

        Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

        School Students

        New Education Curriculum: Full List of JSS, SS Subjects

        Tinubu Orders Overhaul of Katsina Security Operation, Hints at State Police

  • Security
    • Troops of Operation Hadin Kai after successfully foiling an ambush by Boko Haram/ISWAP Terrorists

      Troops Foil Ambush in Borno, Kill 13 Terrorists, Recover Weapons

      Blasphemy Debora and Suspect

      Amaye and the Tragedy of Jungle Justice By Umar Farouk Bala

      NAF Airstrike fighter jets

      NAF Airstrikes Kill Over 15 Terrorists in Sambisa Forest 

      CDS, General Christopher Musa

      Foundations to Hold Free Medical Outreach in Honour of CDS Musa…

      IG Deploys FPRO Adejobi to Delta State Command

  • Features
    • Still on the “National Single Window” Project By Abdulsalam Mahmud

      Blasphemy Debora and Suspect

      Amaye and the Tragedy of Jungle Justice By Umar Farouk Bala

      ASUU-STRIKE

      Strikes in Nigeria and the Collapse of Public Service By Tahir…

      Child collecting his Vaccine

      Her Child Nearly Died Because She Skipped a Vaccine By Hafsat…

      Nasir Ahmad El-Rufai

      El-Rufai and the Politics of Shifting Loyalties, by Kabir Akintayo

  • State
    • Troops of Operation Hadin Kai after successfully foiling an ambush by Boko Haram/ISWAP Terrorists

      Troops Foil Ambush in Borno, Kill 13 Terrorists, Recover Weapons

      IG Deploys FPRO Adejobi to Delta State Command

      Military Troops during operations

      Security Forces Destroy IPOB/ESN Camp in Anambra Intelligence-led Operation

      court Judiciary

      DSS Arraigns 9 Suspects over Benue, Plateau Killings

      Military Troops during operations

      Troops Eliminate Bandits, Recover Rustled Cattle in Kaduna

  • Event
    • Vice President Kashim Shettima and President Bola Ahmed Tinubu

      Shettima at 59: Tinubu Hails VP’s Loyalty, Commitment to Service

      Erasmus Ikhide damaged Vehicle and Dangote Cement Truck

      Erasmus Ikhide Narrowly Escapes Death in Collision with Dangote Truck

      Supporters of Senator Shehu Buba

      PHOTOS: Bauchi Constituents Rally APC to Draft Senator Buba for 2027…

      The authors and their books

      PHOTOS: NIPR Hails Latest PRNigeria Books at Economic Confidential Lecture

      Alh. Yushau Shuaib, Brig Gen. (rtd) Chris Olukolade and Mallam Kashifu Inuwa

      NITDA, IMPR Spotlight AI as Driver of Nigeria’s Digital Future at…

    • PR Nigeria Award
  • E-Paper
Home Economy Revenue Allocation Formula is Legal- RMAFC Insists
  • Economy

Revenue Allocation Formula is Legal- RMAFC Insists

By
Ibrahim Mohammed
-
March 5, 2018
Revenue Allocation Formula is Legal- RMAFC Insists
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has insisted that the revenue allocation formula currently in operation is legal. This followed recent media reports where it was alleged that the current revenue allocation formula is illegal on the grounds that it was never submitted to the National Assembly by Mr. President.
In order to put the records straight according to a statement signed by Mr. Ibrahim Mohammed, RMAFC’s spokesperson, the Commission recalled that the first Revenue Allocation Formula duly passed by the NASS was in 1982 during the Second Republic of former President Shehu Shagari. After the military take-over, the Act was amended by Decree No 106 of 1992 which continued to operate up to 1999. It is instructive to note that with the return of democratic rule in 1999, all laws were considered as existing laws as provided for by Section 313 of the 1999 Constitution and therefore Acts of National Assembly which apply to the extent that they conform to the provisions of the Constitution.
Following the Supreme Court ruling in AGF vs Abia and 36 others which voided some of the provisions of CAP 16 as (amended), Mr. President as the relevant authority invoked his power under the provision of section 315 Sub Sections 1 and 4 to issue the Modification Order to bring the voided provisions into conformity with the provisions of the 1999 constitution. Consequently, the President and the Governors met and resolved some grey areas in the provision of the Modification Order, hence the implementation directives released by the Minister of Finance on 15th January, 2004 which is the formula currently in operation.
Furthermore, the Commission had in August, 2001 reviewed the Revenue Allocation Formula and submitted its Report and recommendations to President Olusegun Obasanjo. The advice and recommendations were promptly forwarded to the 4th National Assembly for deliberations.  However, the Commission had cause to withdraw its recommendations to make some necessary adjustments because the Supreme Court Judgment of 5th April, 2002 had actually affected some of the recommendations as proposed by the Commission in its 2001 Report.
After the review, the Report was subsequently re-submitted to President Obasanjo in December, 2002 which was also forwarded to the 4th National Assembly. Unfortunately, the 4th National assembly could not conclude deliberations on the matter up to the end of the first tenure of President Obasanjo in May, 2003. Again, the 5th National Assembly could not conclude deliberations on that sensitive matter up to the end of the Obasanjo administration in May, 2007. When the 6th National Assembly came, the Commission was informed that all bills including that of the Revenue Allocation Formula not passed by the 5th National Assembly have elapsed and therefore, should be re-submitted.
Following this development, the Commission prepared another revenue Allocation Formula Report in December 2013 which was duly communicated to former President Dr. Goodluck Jonathan in January, 2014. However, the Commission was not granted audience to submit its recommendations to President Jonathan up to the end of his tenure in May, 2015. The current administration has also been informed of this development.
Ibrahim Mohammed,
Head, Public Relations
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Ibrahim Mohammed
  • NASS
  • Nigeria
  • Revenue Allocation
  • RMAFC
Previous articleICPC Arraigns FERMA Chief for Awarding Contracts to his Company
Next articleLagos, UK Firm Sign N2.5bn MOU for 10,000 Street Lights
Ibrahim Mohammed
Ibrahim Mohammed

RELATED ARTICLESMORE FROM AUTHOR

Still on the “National Single Window” Project By Abdulsalam Mahmud

Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private Sector Growth

Customs Gets 4 New Deputy Comptrollers-General, 12 ACGs, Promotes 3,312 Officers

DG NITDA Inuwa Kashifu at the GITEX Nigeria

Sanwo-Olu, Tijani, Kashifu Urge Digital Innovation as GITEX Nigeria Opens

Members of National Regional Development

FG Inaugurates Boards, Management Teams of Three Regional Development Commissions

Trade Facilitation: Nigeria Customs, NACCIMA Strengthen Partnership

Economic Confidential to Host 3rd Public Lecture, Unveil Books on Nigeria’s Economy

Luanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace for Africa’s Infrastructure Push

Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

Customs and the “National Single Window” Project

FG Earmarks N13bn to Boost Power Infrastructure in Lagos, Ogun

Centre for Crisis Communication, CCC,

CCC Reviews Keyamo’s Crisis Management in Aviation Disputes

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Still on the “National Single Window” Project By Abdulsalam Mahmud
  • Troops Foil Ambush in Borno, Kill 13 Terrorists, Recover Weapons
  • Amaye and the Tragedy of Jungle Justice By Umar Farouk Bala
  • Minister: Tinubu’s Reforms Driven by National Interest, Not Partisanship
  • Strikes in Nigeria and the Collapse of Public Service By Tahir Ahmad
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Still on the "National Single Window" Project By Abdulsalam MahmudTroops Foil Ambush in Borno, Kill 13 Terrorists, Recover WeaponsAmaye and the Tragedy of Jungle Justice By Umar Farouk BalaMinister: Tinubu’s Reforms Driven by National Interest, Not PartisanshipStrikes in Nigeria and the Collapse of Public Service By Tahir AhmadNAF Airstrikes Kill Over 15 Terrorists in Sambisa Forest Foundations to Hold Free Medical Outreach in Honour of CDS Musa in KadunaIG Deploys FPRO Adejobi to Delta State CommandTinubu Orders Mandatory Health Insurance Implementation Across MDAsNigeria Records 775 Terrorism Convictions in Eight Phases of Trials - Gen. LakaCustoms Generates N3.7trn in H1 2025 as FG Targets Enhanced Private Sector GrowthHer Child Nearly Died Because She Skipped a Vaccine By Hafsat IbrahimNigeria Needs Peace Education, Community Investment to Tackle Extremism – PAVE Network New Education Curriculum: Full List of JSS, SS SubjectsSecurity Forces Destroy IPOB/ESN Camp in Anambra Intelligence-led Operation
X whatsapp