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Governor Aminu Tambuwal of Sokoto State, on Wednesday, disclosed that Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has submitted the
The 36 State governors are set to meet with President Muhammadu Buhari to appeal to him, to present the new revenue formula to the National Assembly for
Exactly a year, after the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) proposed and submitted a new revenue-sharing formula to President Muhammadu Buhari, governors of the 36 states of the federation, have become unhappy and impatient with the delay in getting the proposal signed into law. Accordingly, the state chief executives rose from a meeting […]
The SA Revenue Service has exceeded the 2022 revenue collection by R123 billion after collecting a net revenue of R1.687 trillion in the financial year ended March 2023. Gross-tax revenue collected exceeded R2 trillion for the first time after gross revenue rose to R 2.068 trillion over the same period.
The current financial year is about to end, and this is the best time to review your plans to maximize savings and get a solid head start for the year ahead.