RMAFC Completes Revenue Allocation Formula Review, Remuneration Review Nears Final Stage
Oru Leonard
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has completed its comprehensive review of Nigeria’s Revenue Allocation Formula and concluded work on the review of remuneration for political, public and judicial office holders.
Chairman of the Commission, Dr. Mohammed Bello Shehu, OFR, disclosed this during an interactive session with members of the Nigerian Guild of Editors (NGE), in Lagos, where he outlined RMAFC’s achievements and institutional reforms from 2023 to date.
Shehu said both the revenue allocation and remuneration review processes had reached advanced stages of consideration by the appropriate authorities.
According to him, the review of the Revenue Allocation Formula followed extensive consultations with the three tiers of government, technical stakeholders and other Nigerians, alongside analysis of fiscal responsibilities, revenue trends and comparative federal systems.
He said the exercise had produced a harmonised report and legislative proposals ready for transmission to the appropriate authorities.
The RMAFC chairman explained that the objective was to establish a more equitable and sustainable revenue-sharing framework that reflects Nigeria’s current economic and governance realities.
He also disclosed that the Commission had completed the review of remuneration for judicial office holders, which culminated in the enactment of the Judicial Office Holders (Salaries and Allowances) Act, 2025.
He added that the review of remuneration for executive and legislative office holders was also 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.
Shehu, however, stressed that improved remuneration must be accompanied by accountability and performance, noting that higher pay should translate into improved public service delivery.
The RMAFC chairman said the Commission had strengthened monitoring of oil and gas production data to ensure accurate application of the constitutional 13 per cent derivation principle.
He said verification exercises, geospatial mapping and inter-agency collaboration had helped resolve several long-standing oil well attribution issues, including the reallocation of 17 oil wells from Imo State to Rivers State in compliance with a Supreme Court judgment.
Similar interventions, he said, had been undertaken in Cross River, Akwa Ibom, Imo and Anambra states.
He added that improved reporting of gas production had also enabled Enugu and Kogi states to benefit from derivation revenues.
To improve revenue monitoring and compliance, Shehu said RMAFC had intensified collaboration with the Nigerian Upstream Regulatory Commission (NUPRC), Nigerian National Petroleum Company Limited (NNPCL), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), National Boundary Commission and the Office of the Surveyor-General of the Federation.
He further disclosed that the Commission was engaging the Ministry of Defence on crude oil theft, pipeline vandalism and production losses, which he described as major threats to national revenue.
RMAFC Explores New Revenue Sources
Beyond the petroleum sector, Shehu said RMAFC was exploring new revenue opportunities through partnerships with the Federal Airports Authority of Nigeria (FAAN), and the National Space Research and Development Agency (NASRDA).
He said satellite and geospatial technologies would be deployed to identify additional sources of revenue and strengthen the Commission’s monitoring capabilities.
The chairman also highlighted improvements in RMAFC’s infrastructure, including the rehabilitation of critical facilities, enhancement of security systems and ongoing renovation of its headquarters.
He said staff welfare had also received attention through improved healthcare services, training and capacity-development programmes designed to strengthen the technical expertise of Commission personnel.
Shehu said the engagement with the Nigerian Guild of Editors was part of RMAFC’s efforts to deepen transparency and enhance public understanding of its constitutional mandate.
He reaffirmed the Commission’s commitment to proactive communication, data-driven reforms and stronger collaboration with the media to promote accountability in public finance.
In his vote of thanks, the Chairman of RMAFC’s Public Affairs and Communication Committee (PACC) and Federal Commissioner representing Kwara State, Hon. Ismail Muhammed Agaka, commended the media for its role in strengthening democratic accountability.
Agaka reaffirmed the Commission’s commitment to sustained engagement with stakeholders.
Other PACC members present included Hon. Peter Opara, Federal Commissioner representing Imo State; Hon. Ekene Enefe, Anambra; Hon. Hadizatu Uwani Mustapha, Borno; Hon. Ahmed Waziri Hassan, Adamawa; Hon. Bob-Helen Inafa, Bayelsa; Hon. Oti Nkechi Linda, Abia; Professor Olusegun Adekunle Wright, Lagos; and Hon. Victor Eboigbe, Edo.
(RMAFC Media)
