•Naira notes The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) announced the commencement of the process for review of the Revenue Allocation Formula (RAF) between the federal, states, and local governments. The Chairman of the RMAFC, Mohammed Shehu, who announced this at a news conference in Abuja, noted that t...
•Nigerian Senate The Senate today asked state and local governments to immediately comply with the Supreme Court judgement, particularly relating to local government accounts and the funds given directly to them. The Senate also resolved to take immediate steps to alter sections of the Constitution to give full autonomy to local government adm...
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