The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says each senator collects salary and allowances of N1.6 million every month, but only the management of the National Assembly Service Commission could explain the N13.5 million running cost of each senator. Ibrahim Mohammed, head of public relations at RMAFC, said this in a statement issued […]
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Former governors are exerting pressure on the finances of state governments with pension payments and other entitlements draining billions of naira every year from developmental funds for the states. The fact that the pension of some governor is almost half their state’s Federal Allocation for a month. Although, most of these ex-governors and their deputies […]
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President Muhammadu Buhari, his vice, Yemi Osinbjo; ministers and other political appointees have earned N2.295 billion as official salaries and allowances in the last one year, Economic Confidential can report. The development is coming at a time the Federal Government kick-started a national orientation campaign premised on the “Change begins with me.” The report obtained by […]
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At a time Nigerians are groaning under the yoke of recession, members of the National Assembly (NASS) comprising the Senators and Members of House of Representatives have received a total sum of N6.78 billion as their official salaries and allowances in one year, investigation by Economic Confidential has revealed. The report obtained by Economic intelligence […]
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The Federal Government on Wednesday announced that four out of the five Aje Oil Wells have been approved for production of crude oil in Lagos. The Chairman of the Indices and Disbursement Committee of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Alhaji Aliyu Mohammed, stated this when he led members of the Committee on […]
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