…Confirms Kaura’s board appointment
The Senate on Wednesday endorsed N105,140,926,744.08 as the 2025 budget of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).
The allocation aligns with the Commission’s funding framework provided under the Revenue Mobilisation, Allocation and Fiscal Commission Act, 2025, and the 0.5 per cent of non-oil Federation Revenue sanctioned by the National Economic Council (NEC) in December 2024 for financing the Commission through contributions from the three tiers of government.
Details of the approved budget include a personnel cost of N20,636,277,973.19, overhead expenses of N8,949,992,489.81, and capital expenditure of N75,554,656,281.08.
The decision followed the presentation and consideration of the report by the Committee on National Planning and Economic Affairs, chaired by Senator Yahaya Abdullahi (APC, Kebbi North).
Abdullahi tabled the report, stating: “That the Senate do receive and consider the report of the Committee on National Planning and Economic Affairs on the 2025 Budget of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).”
The Senate also ratified the nomination of Senator Tijani Yahaya Kaura as a representative of the North-West geopolitical zone on the Governing Board of the South-South Development Commission (SSDC).
This confirmation came after reviewing the report of the Committee on South-South Development Commission presented by its chairman, Senator Benson Konbowel (PDP, Bayelsa Central), who said: “That the Senate do receive and consider the report of the Committee on South-South Development Commission on the confirmation of the nomination of Senator Tijani Yahaya Kaura as member representing the North-West Geo-Political Zone in the Governing Board of the South-South Development Commission (SSDC).”