Agencies remit N1.5trn revenue into Federation Account

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said revenue generating agencies remitted more than N1.5 trillion into the Federation Account in the first quarter of 2021.
Mr Elias Mbam, the Chairman of RMAFC disclosed this in Abuja, when he received Revenue Performance Report from the Post-Mortem Sub-Committee of the Federal Account Allocation Committee (FAAC).
Mr Nwachukwu Christian, Public Relations Officer of RMAFC, in a statement issued on Monday in Abuja, said the report showed that Federal Inland Revenue Service (FIRS) made the highest remittance of more than N759 billion…………….TO CONTINUE READING CLICK ON

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