Skip to content
Tuesday 3 November 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

Revenue Commission to unveil new sharing formula, judicial pay structure soon

The FrontierThe FrontierAugust 16, 2026 1024 Minutes read0

The Revenue Mobilisation Allo­cation and Fiscal Commission (RMAFC) has completed the review of Ni­geria’s Revenue Allocation For­mula, paving the way for a new framework for sharing revenues among the federal, state and lo­cal governments.

The Commission also said it had concluded the review of remuneration for judicial office holders, while the review of sala­ries and allowances for executive and legislative office holders had reached an advanced stage, reports Sunday Independent.

The Chairman of RMAFC, Mohammed Bello Shehu, dis­closed this during an interactive session with members of the Ni­gerian Guild of Editors in Lagos, where he presented an overview of the Commission’s activities and reforms from 2023 to date.

SDP Poster Layout

Shehu, in a statement issued by the Head of the Informa­tion and Public Relations Unit, Maryam Yusuf, on Saturday, said the completed revenue allocation review followed extensive consul­tations with the three tiers of gov­ernment, technical stakeholders and other relevant institutions across the country.

According to him, the exer­cise involved an assessment of fiscal responsibilities, revenue trends and comparative federal systems, culminating in a har­monised report and legislative proposals that are now ready for transmission to the appropriate authorities.

“The Commission has com­pleted a comprehensive review of Nigeria’s Revenue Allocation Formula. It has completed the re­view of remuneration for judicial office holders, culminating in the enactment of the Judicial Office Holders (Salaries and Allowanc­es) Act, 2025.

“Also, the review of remuner­ation for executive and legislative office holders is 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,” RMAFC chairman said.

The RMAFC chairman said the objective was to create a revenue-sharing system that would be more equitable and sustainable while taking into account the changing econom­ic and governance realities in the country.

Shehu also confirmed 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 said 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.

The development comes amid long-running concerns over the adequacy of remuneration for public office holders and the need to balance improved com­pensation with accountability and performance.

Shehu stressed that salary increases must be accompanied by better service delivery, saying improved remuneration should not be treated as an end in itself.

He said, “Remuneration re­forms must be matched with ac­countability and performance. Improved pay should translate into improved service delivery.”

Beyond the revenue formula and remuneration reviews, the chairman said RMAFC had in­tensified its monitoring of oil and gas production data to ensure that the 13 per cent derivation principle was accurately applied.

He said the Commission had deployed verification exercises, geospatial mapping and collab­oration with relevant agencies to address discrepancies in oil well attribution and ensure that states received the revenues due to them.

One of the major interven­tions, according to Shehu, was the reallocation of 17 oil wells from Imo State to Rivers State in compliance with a Supreme Court judgment.

He said similar interventions had been carried out in Cross River, Akwa Ibom, Imo and Anambra states, while improved reporting of gas production had enabled Enugu and Kogi states to benefit from derivation revenues.

The Commission has also strengthened its collaboration with the Nigerian Upstream Petroleum Regulatory Commis­sion, NNPC Limited, the Nigeri­an Midstream and Downstream Petroleum Regulatory Authority, the National Boundary Commis­sion and the Office of the Survey­or-General of the Federation.

Shehu said the partnerships were aimed at improving reve­nue monitoring, resolving attri­bution disputes and strengthen­ing compliance.

He also disclosed that RMAFC was engaging the Ministry of De­fence on the persistent challenges of crude oil theft, pipeline vandal­ism and production losses, which he described as major threats to government revenue.

The Commission is also look­ing beyond the petroleum sector for additional sources of revenue.

Shehu said RMAFC was ex­ploring partnerships with the Federal Airports Authority of Nigeria and the National Space Research and Development Agency, including the deploy­ment of satellite and geospatial technologies to identify new rev­enue opportunities.

He said the reforms were part of the commission’s broader effort to improve data integrity, strengthen inter-agen­cy collaboration and ensure a fairer distribution of national revenue.

The chairman said RMAFC had also recorded improvements in its institutional infrastructure through the rehabilitation of crit­ical facilities, enhanced security systems and ongoing renovation of its headquarters.

He added that staff welfare had received attention through improved healthcare services, training and capacity develop­ment programmes designed to strengthen the technical exper­tise of the commission.

Shehu said the engagement with the Nigerian Guild of Ed­itors was aimed at improving transparency and ensuring that Nigerians better understood the commission’s constitutional mandate.

He reaffirmed RMAFC’s com­mitment to proactive communi­cation, data-driven reforms and stronger collaboration with the media in promoting accountabil­ity in public finance.

In his vote of thanks, the Chairman of the Public Affairs and Communication Commit­tee and Federal Commissioner representing Kwara State on the commission, Ismail Muhammed Agaka, commended the media for its role in strengthening dem­ocratic accountability.

Tags
judicial pay structurenew sharing formulaRevenue Commission
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Osun election: Governor Adeleke of Accord Party leads, wins 12 LGs as collation underway
next post Concern swells over mounting flaws in Nigerian democratic process
Related posts
  • Related posts
  • More from author
Business & Economy

FG’s N50,000 monthly relief: OPay explains eligibility, warns against scams

November 3, 20260
Business & Economy

What you should know about N50,000 monthly relief by FG

November 3, 20260
Business & Economy

N5 million Lagos business loan: Step-by-step guide to access

November 3, 20260
Load more
Read also
Inside Akwa Ibom Today

ARISE Projects Impact

February 9, 20250
Sports

Football icons Diouf, Adebayor, Appiah, Zokora, Song, others storm Lagos for African legends encounter

November 3, 20260
Crime

DSS frees 4 cleared of IPOB membership, pays N20 million compensation

November 3, 20260
Headlines

BREAKING: Many rushed to hospital as multiple vehicles crash in Lagos, traffic at standstill •VIDEO

November 3, 20260
Crime

EFCC uncovers illegal oil refinery run by Chinese nationals in Ogun

November 3, 20260
News

Drone operators seek stronger regulatory engagement, collaboration

November 3, 20260
News

Katsina road attack: SDP presidential candidate Adebayo commiserates with Nigeria Police over death of officers

November 3, 20260
Load more

ARISE Projects Impact

February 9, 2025

Football icons Diouf, Adebayor, Appiah, Zokora, Song, others storm Lagos for African legends encounter

November 3, 2026

DSS frees 4 cleared of IPOB membership, pays N20 million compensation

November 3, 2026

BREAKING: Many rushed to hospital as multiple vehicles crash in Lagos, traffic at standstill •VIDEO

November 3, 2026

EFCC uncovers illegal oil refinery run by Chinese nationals in Ogun

November 3, 2026

Drone operators seek stronger regulatory engagement, collaboration

November 3, 2026

ARISE Projects Impact

0 Comments

Football icons Diouf, Adebayor, Appiah, Zokora, Song, others storm Lagos for African legends encounter

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

ARISE Projects Impact

February 9, 2025
2

JUST IN: Former Governor Donald Duke dumps PDP, joins ADC

January 30, 2026
3

Gov Soludo bans extra mural classes in Anambra schools, gives time to dismiss

April 8, 2024
4

Varsity restricts students to use of 3kg gas cylinder

February 10, 2025
5

JUST IN: 3 hardened criminals escape from prison

December 26, 2023
6

Musk says Starship rocket to depart for Mars at end of 2026

March 15, 2025
Popular
1

ARISE Projects Impact

February 9, 2025
2

Wizkid tops Africa’s Spotify earnings with $1 million monthly revenue •FULL LIST

January 16, 2025
3

American billionaire, Bill Gates visits Nigeria tomorrow

September 2, 2024
4

Rudiger heaps praise on Barcelona’s Yamal ahead of El Classico

October 4, 2024
5

Bida-Lapai: The 70km road where motorists spend days •Drivers count losses

August 8, 2026
6

Vietnam Airlines to cut domestic flights over jet fuel shortage

March 24, 2026

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

ARISE Projects Impact

February 9, 2025

Engage in laughter, exercises to improve mental health – Psychiatrist urges Nigerians

November 19, 2024

Air strikes in Gaza crush joy of ceasefire deal

January 16, 2025

BREAKING: Pensioners announce date to protest naked nationwide

December 5, 2025

Tinubu directs inclusion of NOUN graduates in NYSC scheme, law school

April 17, 2024
Top posts

Categories

  • News5215
  • Politics4967
  • Crime4689
  • International3287
  • Sports2639
  • Business & Economy2404
  • Headlines2305
  • Education1463
  • Matilda Showbiz1062
  • Health981
  • Entertainment902
  • Africa627
  • Religion508
  • Environment411
  • Special279
  • Info Tech271
  • Arts & Culture246
  • Inside Akwa Ibom Today243
  • Hunger protests in Nigeria224
  • Interview202
  • Opinion161
  • EyeCare with Dr Priscilia Imade140
  • World Cup 202695
  • Advert36
  • Trends25
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge4

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact