National Assembly Service Commission
RMAFC begins review of revenue sharing formula
The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Elias Mbam, has revealed that the commission has completed plans to begin the review of revenue allocation formula. Mbam made this known in Abuja during a courtesy visit to his office by members of the National Assembly Service Commission led by Ahmed Amshi. A press statement titled ‘Review of revenue allocation formula kick starts fully – RMAFC’ issued by the commission’s Public Relations Officer, Nwachukwu Christian, stated that the review of remuneration for political and Judicial office holders will equally commence as soon as the Federal government release fund for it. The statement read, “The Revenue Mobilisation Allocation and Fiscal Commission has concluded arrangements to fully commence the review of the na...
National Assembly legislative aides protest non-payment of arrears
The National Assembly Legislative Aides Forum on Tuesday in Abuja protested the non-payment of their 20 months’ salary arrears. Zebis Prince, who spoke on behalf of the protesting Aides, said that since the inauguration of the 9th Assembly, their salary arrears were withheld by the management. He said that the matter was referred to the House Services Committee with the mandate to among other things investigate the irregularities in the payment of legislative Aides. He however said that the Clerk of the National Assembly (CNA) insisted on getting directives from the chairman of National Assembly Service Commission before payment of the arrears. “We are disturbed that despite an express legislative resolution mandating the CNA to ensure payment three weeks after, the Chief Accounting Office...
National Assembly raises 2021 budget by N580 billion, approves N13.588 trillion
The two chambers of the National Assembly yesterday passed the 2021 Appropriation Bill, increasing the budget size from N13.08 trillion presented to them by President Muhamnadu Buhari 11 weeks ago to N13.588 trillion. The passage of the 2021 budget followed consideration and adoption of harmonised reports separately submitted to them by their Committees on Appropriation. The two chambers increased the 2021 budget by about N580 billion and pegged daily crude oil production at 1.86 million barrels per day, while oil benchmark price was fixed at $40 per barrel. They approved N379 to dollar as the official exchange rate while GDP growth rate was pegged at 3 per cent. Highlights of the report approved by the Senate showed aggregate expenditure to be N13,588,027,886,175, statutory transfer of N4...
