Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Shehu, says the commission has completed reviews of the revenue allocation formula and remuneration for political, public and judicial office holders.
Head of Information and Public Relations Unit of the commission, Maryam Yusuf, disclosed the development in a statement on Saturday in Abuja.
According to the RMAFC spokesperson, Shehu said the proposals on revenue allocation and remuneration reforms had reached advanced stages for consideration by relevant authorities.
While presenting an overview of the commission’s achievements and institutional progress from 2023 to date, he noted that the period had witnessed significant fiscal reforms, with RMAFC strengthening its constitutional mandates.
‘This mandate is on revenue monitoring, derivation verification and fiscal coordination.
‘The commission has improved data integrity, enhanced inter-agency collaboration and promoted equitable distribution of national revenue among the three tiers of government,’ he said.
Shehu said that the commission had also intensified monitoring of oil and gas production data to ensure accurate application of the 13 per cent derivation principle.
According to him, verification exercises, geospatial mapping and inter-agency collaboration had resolved several long-standing oil well attribution issues.
‘Also, 17 oil wells were reallocated from Imo State to Rivers State in compliance with a Supreme Court judgment. Similar interventions had been undertaken in Cross River, Akwa Ibom, Imo and Anambra states.
‘The improved gas production reporting has enabled Enugu and Kogi states to benefit from derivation revenues,’ he added.
Shehu noted that the RMAFC had strengthened collaboration with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian National Petroleum Company Ltd. (NNPCL).
‘The RMAFC has also strengthened collaboration with the National Boundary Commission (NBC) and the Office of the Surveyor-General.
‘The RMAFC is engaging with the Ministry of Defence to address crude oil theft, pipeline vandalism and production losses,’ he said.
Beyond petroleum, Shehu said RMAFC was exploring new revenue opportunities through partnerships with the Federal Airports Authority of Nigeria (FAAN) and the National Space Research and Development Agency (NASRDA).
He said the partnerships included using satellite and geospatial technologies to identify additional revenue sources.
Shehu confirmed that the commission had completed the review of remuneration for judicial office holders, culminating in the Judicial Office Holders’ Salaries and Allowances Act, 2025.
He said the review of remuneration for executive and legislative office holders was also at an advanced stage.