Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Fadahunsi Denies Controversial Viral Comment ~ Kill Accord

    August 11, 2026

    ‎Davido Questions Osun Senator Over Order to Kill  Accord Party Members

    August 11, 2026

    Funke Akindele Introduces Star Cast for Upcoming Movie ‘The Four’

    August 11, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Fadahunsi Denies Controversial Viral Comment ~ Kill Accord

      August 11, 2026

      ‎Davido Questions Osun Senator Over Order to Kill  Accord Party Members

      August 11, 2026

      INEC Declares Tuesday Deadline for Candidate Submissions

      August 9, 2026

      INEC’s Credentials Publication Calls For Fresh Debate Over Tinubu’s School Results

      August 3, 2026

      Credentials Of 2027 Presidential Candidates From INEC

      August 2, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment August 11, 2026

      Funke Akindele Introduces Star Cast for Upcoming Movie ‘The Four’

      Recent

      Funke Akindele Introduces Star Cast for Upcoming Movie ‘The Four’

      August 11, 2026

      Mo Abudu Announces Opening UK’s First-ever Cinema Hub for African, Black films

      August 11, 2026

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026
    • Business

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026

      BUA Foods Posts N292bn as H1 Profit Despite Revenue Decline

      July 31, 2026

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026

      Remi Tinubu Says FG Also Support Pepper, Boole Sellers And Others. 

      June 30, 2026
    • Health

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026
    • Culture

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026
    • Lifestyle

      When Leadership Speaks: How Public Communication Shapes Economic Confidence

      August 9, 2026

      Peller-Jarvis Presents White Wedding Photos Online

      August 9, 2026

      Benin Writers Society Explores The Theme Of Trust In Its Monthly Poetry Play Ground

      August 5, 2026

      King Ochacho Calls Peller’s ₦400m Mansion Gift ₦400-Worth, Small Money

      August 4, 2026

      Peller, Jarvis Finally Wed With Colourful Traditional Atmosphere In Lagos

      August 1, 2026
    • Sports

      CAF Confirms Hosts For Major 2026-27 African Competitions, Sets 2027 AFCON Dates

      August 11, 2026

      Somali Referee Omar Artan to Officiate UEFA Super Cup, Makes History as First non-European 

      August 11, 2026

      World Cup Play-off: Super Falcons to Face South Africa on Thursday

      August 10, 2026

      2026 WAFU Zone B U-20 Championship: Flying Eagles Fall 4-1 to Burkina Faso in the Final 

      August 10, 2026

      2026 Commonwealth Fencing Championships Start in Lagos

      August 9, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Political office holders ready for new remuneration ~ RMAFC
    News

    Political office holders ready for new remuneration ~ RMAFC

    Ifetayo AdeniyiBy Ifetayo AdeniyiFebruary 6, 20264 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Political office holders ready for new remuneration ~ RMAFC

    By Elegbede Abiodun

     

    The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), had said on Thursday that it has finalised work on a new remuneration for political office others in the country which it has submitted to the President through the Office of the Secretary to the Government of the Federation.

    Chairman of the Commission, Mohammed Bello Shehu who disclosed this at a budget defence of the agency before the House Committee on Finance said the new proposal which is for Ministers and political office holders will soon be forwarded to the National Assembly by the President.

    He said the agency is also working on “vertical, horizontal revenue sharing formula. We are also on that. We will conclude this year”

    Shehu who gave update on the ongoing review of revenue allocation formula for the three tiers of government as well as remuneration for political office holders, saying: “very soon we will conclude. We have done everything. We have concluded. We are just about to finish analyzing the data and bring it before you.”

    He said “We hope that very soon this will be transmitted to you so that it becomes law. Of course, your own doesn’t require any legislation. It’s for Ministers and others”.

    He expressed concern over the interferance of state governments in the fiscal governance of the Local Government Areas over the years, saying “the Commission would like to establish a Local Government Committee now like we used to do before the Supreme Court said we were busy bodies. Now we will monitor every single Local Government in Nigeria.

    “I’m glad that Mr. President spoke to the Governors himself, that if you don’t allow this then I will issue an Executive Order. So, the Commission is fully in support of Mr. President over this course.

    “The crisis we are having in Nigeria today is lack of functionality of Local Governments and every single one of us knows this. Even under the military the Local Governments will perform much more better. So I thank you profoundly sir, it’s your committee that initiated this.

    “Three years ago when we came we were telling you, you (Faleke) said chairman you can handle this and you guided me and I followed your advice and the rest is a success so we are grateful to this also.”

    “I sincerely thank this committee for what you have done to Revenue Mobilisation Allocation and Fiscal Commission. You have brought us out. We are now being respected by almost all the revenue generating agencies in Nigeria.

    “Even before we knock now, they are knocking at our doors, having discussions with us and some of the issues that have been over the years are being addressed by some of these revenue generating agencies, whether it is the Nigerian Customs, NUPRC and other agencies.

    “So I thank you profoundly and I think you have done a great service to Nigeria and this is just the beginning. I will now go to the document before you.”

    Shehu notified the lawmakers that the agency was carrying out an audit of the nation’s oil assets in the Niger Delta.

    He said: “what you have done to us and to Nigeria, your name will go down in gold, sir. We are being respected by all revenue generating agencies. Anywhere we go now, everybody is like shivering trying to really identify with us.

    “For the first time, like the verification that we are doing of oil wells all across the Niger Delta region has never been done. The equipment that we have, not even new precursors. No Governor now will say, when you come to my state, you have to beg me where even we are going to stay, provide vehicles and things like that. Now we can do that, sir. My people, sir, spent three to four months in the field.

    “Some of them went to the creek water up to here, sir, to identify those oil assets that we have in Nigeria. And by the time we finish, sir, when Mr. President receives this report, this country will shake, sir. And I’m not making it up. I have provided you with an internal report, but I don’t want to let the cart out of the bag, sir. So this is remarkable, sir.”

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticlePublic Backlash Intensifies as Frequent Paris Trips Earn President Tinubu “Ambassador to France” Moniker
    Next Article NNPC Ltd Seeks Partnership For World-Class Operations For Refinery Revival ~ Ojulari
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News August 11, 2026

    UK Radio Station Accidentally Announced King Charles III’s Death, Breaches Broadcasting Rules 

    News August 11, 2026

    NPC’s Digital Registration Reaches 4000 Wards, 8000 Centres To Benefit

    Advertising/Media August 11, 2026

    Mysterious Billboards With Caption ‘We Are Sorry’ Stir Speculation In Abuja

    News August 11, 2026

    Failed Coup: Colonel Ma’aji Says Patriotism, Frustration Drove Action 

    News August 11, 2026

    President Tinubu Still Treks To Office And Eats Once Daily ~ NRS Boss Says

    News August 11, 2026

    EU Set To Deploy Electoral Expert Mission For Nigeria’s 2027 Polls, Rejects Reports Of Boycott

    Leave A Reply Cancel Reply

    Don't Miss
    Politics August 11, 2026

    Fadahunsi Denies Controversial Viral Comment ~ Kill Accord

    Senator Francis Fadahunsi The Senator representing Osun East Senatorial District, Francis Fadahunsi, has made his…

    ‎Davido Questions Osun Senator Over Order to Kill  Accord Party Members

    August 11, 2026

    Funke Akindele Introduces Star Cast for Upcoming Movie ‘The Four’

    August 11, 2026

    Glo Welcomes New Digital Era With AI Assistant Gloria

    August 11, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Ochacho’s Midas Touch As Otukpo Wears New Look

    November 16, 2021

    17th Edition of Prestigious Honorary African Leadership People’s Heritage Gold Awards

    November 16, 2021

    Dorian Homes Plans To Host Its First Children’s Christmas Party

    November 11, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.