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New Revenue Formula Ready Before End Of The Year- RMAFC

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The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) in a statement issued today 28th June 2021 in the nations' capital has revealed that a new Revenue Allocation Formula (RAF) will be made available before the end of the year 20221.

The Commission's quotes "arrangement to fully commence the review of the Nation's Revenue Allocation Formula (RAF) has been concluded."

"The review is targeted at equitable distribution of the accrued revenue into the Federation account to the three tiers of government."

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