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Tuesday, May 13, 2025

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Tag: funding arrangement

President Muhammadu Buhari received a report on the review of the Vertical Revenue Allocation Formula from members of the Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) at the State House, Abuja.

New revenue formular proposal cuts federal govt allocation; Buhari plans review

byOladeinde Olawoyin

The proposal gives more money to states and local government than is presently the case.

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