The League of Northern Democrats has rejected the derivation formula proposed in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not properly defined. The ...
The House of Representatives is considering a constitutional amendment bill aimed at increasing the derivation fund from the current “not less than 13 percent” to not less than 50 percent for the ...
Bayelsa State Governor Seriake Dickson yesterday lamented injustice in revenue sharing formula and asked the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to revisit the era of 100 ...
The governments of the South-south states have called for a review of the revenue sharing formula, which gives resource producing of the revenue accruable to the nation at least 50 per cent and the ...
ABUJA: The Ijaw Youth Council IYC Worldwide has demanded an upward review of the 13 percent derivation formula, saying in the light of global trends, it was wrong to give such a meagre percentage to ...
The League of Northern Democrats (LND), led by former Kano State Governor, Senator Ibrahim Shekarau, has rejected the proposed derivation formula in the ongoing tax reform discussions, warning that it ...
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