The League of Northern Democrats has rejected the derivation formula proposed in the ongoing tax reform discussions, warning that it could deepen regional inequalities if not properly defined. The ...

Delta State has received the highest allocation of N133.78 billion from the federation account (FAAC) from the 13 percent derivation formula in the first half of 2024, according to data from the ...

The Anti-Corruption and Research-Based Data Initiative, on Monday, urged President Bola Tinubu to address longstanding imbalances in Nigeria’s federal policies, including the quota system, federal ...

Bayelsa State Governor, Mr. Seriake Dickson, on Thursday lamented injustice in revenue sharing formula and asked the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to revisit the era ...

ABUJA: The Ijaw Youth Council IYC Worldwide has demanded an upward review of the 13 percent derivation formula, saying in the light of global trends, it was wrong to give such a meagre percentage to ...

The League of Northern Democrats (LND), led by former Kano State Governor, Senator Ibrahim Shekarau, has rejected the proposed derivation formula in the ongoing tax reform discussions, warning that it ...