The Chairman, Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbas, made this known on Thursday in Abuja at the inauguration of chairmen and members of the Committee.
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The Chairman, Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbam, disclosed this to newsmen in Abuja on Tuesday, shortly after he received an Award of Excellence from the Nigeria Civil Service Union.
The president gave the charge while swearing-in the members of the Commission at the Presidential Villa, Abuja, and urged them not to compromise the commission’s constitutional mandate for whatever reasons.
Elias Mbam, the Chairman, Revenue Mobilisation, Allocation and Fiscal Commission, says the commission will work towards increasing the revenue shared by federal, state and local governments.
The Revenue Mobilisation Allocation and Fiscal Commission says it will soon commence probe of banks over stamp duties collection as it expects to recover more than N100 billion from the probe.
President Muhammadu Buhari has forwarded to the Senate for confirmation names of 30 nominees as Chairman and Commissioners of the Revenue Mobilization Allocation and Fiscal Commission.
Acting Chairman of RMAFC, Shettima Abba-Gana, said this in a statement issued by Ibrahim Mohammed, Spokesperson for the commission on Thursday in Abuja.
The Acting Chairman, Shettima Abba-Gana said this in an interview with the News Agency of Nigeria on Tuesday in Abuja.
The commission’s Spokesperson, Ibrahim Mohammed, said this in a statement on Monday in Abuja.
The agencies made their stance known in Abuja at a public hearing organised by the House Committee on Banking and Currency on a bill seeking to establish the Nigerian Assets Management Agency to manage government assets, including those seized, forfeited or taken over by anti-graft and other federal security agencies.
The Acting Chairman, Shettimma Abba-Gana, made the remark in an interview with the News Agency of Nigeria on Wednesday in Abuja
So also did the President grant the approval for the appointment of Dr. Marilyn Amobi as the Managing Director/Chief Executive Officer of Nigerian Bulk Electricity Trading Company.
The Revenue Mobilisation, Allocation and Fiscal Commission has called for an upward review of the Value Added Tax from five…
He said the Commission was in the process of sending the draft report to the former President, Dr. Goodluck Jonathan, when certain intervening variables crept in to truncate the process
It said: “It has become a major fiscal and financial burden to the nation and should therefore be discarded totally since the intended targets, the poor and middle income class, were often denied the benefits
Mbam said the monies were recovered mainly in the course of monitoring the activities of the Nigerian National Petroleum Corporation, Federal Inland Revenue Services, Central Bank of Nigeria and the Nigeria Customs Service
According to the statement, the Chairman of the Commission, Elias Mbam, announced this while inaugurating members of the Remuneration Committee charged with carrying out the review
“From the foregoing therefore, it is crystal clear that the commission is not constitutionally empowered to delve into matters of pension for political, public office holders as wrongly imputed
It stated that the advice was due to a call by some financial agencies to sell 30 per cent majority stakes in JV with multinational oil companies to “shore up government finances”
Alhaji Hassan Bashir (Bauchi) and Lanre Fayemi (Ekiti) are to be considered as members of the NPC while Emmanuel Omirin (Osun) is to be screened for RMAFC membership