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President Muhammadu Buhari has inaugurated the board of the
Revenue Mobilisation, Allocation and Fiscal Commission.
Thirty commissioners were inaugurated on Thursday by the
President, with Mr Elias Mbam as the Chairman.
The ceremony took place at the Presidential Villa, Abuja.
The RMAFC is the body responsible for preparing the formula for
sharing revenues among the three tiers of government in the
country.
The body is also responsible for fixing the remuneration of
political office holders as well as monitoring the revenues
accruing to the federation account from revenue-generating
agencies.
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