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Revenue Mobilisation, Allocation and Fiscal Commission Act 🇳🇬


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Revenue Mobilisation, Allocation and Fiscal Commission Act

  • Published in Official Gazette supplement no. 75 on 29 December 1989
  • Assented to on 29 December 1989
  • Commenced on 29 December 1989
  • [Up to date as at 31 December 2002]
An Act to establish the Revenue Mobilisation, Allocation and Fiscal Commission with the functions, amongst others, of monitoring the accruals to and disbursement of revenue from the Federal Account and reviewing, from time to time, the revenue allocation formulae to ensure conformity with changing realities.

Part I – Establishment and composition of Commission, etc.

1. Establishment of the Revenue Mobilisation, Allocation and Fiscal Commission

There shall be established for the Federation a Revenue Mobilisation, Allocation and Fiscal Commission (in this Act referred to as "the Commission") which, under that name, shall be a body corporate with perpetual succession and a common seal and may sue and be sued in its corporate name, and whose members shall exercise the functio…

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