The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Dr. Mohammed Bello Shehu, has disclosed that the Commission has completed a comprehensive review of Nigeria’s Revenue Allocation Formula and concluded work on the review of remuneration for political, public and judicial office holders.
Dr. Shehu made the disclosure on Friday during an interactive session with members of the Nigerian Guild of Editors, NGE in Lagos, where he presented an overview of the Commission’s achievements from 2023 to date.
He said both the revenue allocation and remuneration review processes are now at advanced stages of consideration by the appropriate authorities.
On remuneration, Dr. Shehu confirmed that the Commission had completed the review for judicial office holders, culminating in the enactment of the Judicial Office Holders (Salaries and Allowances) Act, 2025.
He added that the review for executive and legislative office holders was also at an advanced stage, with an executive bill on the Political and Public Office Holders (Salaries and Allowances) Act, 2026 expected to be transmitted to the National Assembly.
“Remuneration reforms must be matched with accountability and performance,” he stressed. “Improved pay should translate into improved service delivery.”
Describing the review of the Revenue Allocation Formula as one of the Commission’s most significant assignments, Dr. Shehu, in a statement by Maryam Umar Yusuf, mnipr, Head, Information and Public Relations Unit, said it was undertaken through extensive consultations with all tiers of government, technical stakeholders, and nationwide engagements.
The exercise involved analysis of fiscal responsibilities, revenue trends, and comparative federal systems, resulting in a harmonised report and legislative proposals now ready for transmission.
“The objective is to establish a more equitable and sustainable revenue-sharing framework that reflects current economic and governance realities,” he said.
Dr. Shehu said RMAFC has intensified monitoring of oil and gas production data to ensure accurate application of the 13 percent derivation principle.
Through verification exercises, geospatial mapping and inter-agency collaboration, the Commission resolved several long-standing oil well attribution issues, including the reallocation of 17 oil wells from Imo State to Rivers State in line with a Supreme Court judgment.
Similar interventions have been undertaken in Cross River, Akwa Ibom, Imo and Anambra States, while improved gas production reporting has enabled Enugu and Kogi States to benefit from derivation revenues.
The Chairman said the Commission has strengthened collaboration with NUPRC, NNPCL, NMDPRA, the National Boundary Commission, and the Office of the Surveyor-General to improve revenue monitoring and compliance.
He also disclosed ongoing engagement with the Ministry of Defence to address crude oil theft, pipeline vandalism and production losses, describing them as major threats to national revenue.
Beyond petroleum, the Commission is exploring new revenue opportunities through partnerships with FAAN and NASRDA, including the use of satellite and geospatial technologies to identify additional revenue sources.
Dr. Shehu highlighted improvements in the Commission’s infrastructure, including rehabilitation of facilities, enhanced security systems, and ongoing renovation of its headquarters.
He said staff welfare had been prioritised through improved healthcare, training programmes and capacity development initiatives.
The Chairman said the engagement with the NGE was part of efforts to deepen transparency and improve public understanding of RMAFC’s mandate.
In his vote of thanks, Hon. Ismail Muhammed Agaka, Federal Commissioner representing Kwara State and Chairman of the Public Affairs and Communication Committee, commended the media for its role in strengthening democratic accountability.
Other PACC members present included Federal Commissioners from Imo, Anambra, Borno, Adamawa, Bayelsa, Abia, Lagos and Edo States.