Nigeria's revenue allocation formula review reaches advanced stage, nationwide data verification begins
via Punch Nigeria3 min read
Nigeria's Revenue Mobilisation Allocation and Fiscal Commission RMAFC has announced that the review of the nation's revenue allocation formula is in an advanced stage. The commission has initiated a nationwide data verification exercise to update the indices used for revenue sharing across the federation. Maryam Yusuf, Head of Information and Public Relations Unit, stated that Chairman Mohammed Shehu emphasized the commission's commitment to ensuring the framework reflects current realities, highlighting accurate data as crucial for fairness, equity, and national cohesion. The exercise aims to align allocations with present socio-economic conditions by reviewing factors and proxies used for states and local governments. This process is expected to strengthen fiscal federalism and improve national development planning. The verification will involve collecting, validating, and reconciling socio-economic and infrastructural data across all states and the Federal Capital Territory, focusing on indicators like education, healthcare, internally generated revenue, and infrastructure. Stakeholder engagement sessions will be held in each state to foster transparency and collaboration. Shehu noted that Nigeria's revenue allocation framework relies on indices such as population, landmass, and infrastructure, which require periodic review due to transformations like population growth, urbanisation, and widening development gaps. The data verification is critical for safeguarding the inte
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Troops from the Joint Task Force, Operation Savannah Shield, have arrested five suspected bandit and terrorist informants in Niger State. The arrests occurred during separate operations, leading to the recovery of communication devices, cash, and other items linked to criminal activities. Captain Jamilu Yahaya, Acting Media Information Officer for Headquarters JTF North Central, Operation Savannah Shield, confirmed the arrests. In one operation on June 6, 2026, along the Doro axis in Wawa, Borgu Local Government Area, three suspects believed to be part of a bandit group operating near Kainji Lake National Park were apprehended. Recovered items included two Tecno keypad phones, an MP3 device with recorded propaganda, and ₦113,400 in cash. Separately, troops from 221 Battalion arrested two additional suspects during a patrol near a cantonment perimeter fence in Niger State. These suspects were allegedly deployed for reconnaissance, and one possessed a phone with an image of a beheaded individual dated May 2, 2026. Items recovered from them included an Android phone, a Tecno keypad phone, a motorcycle, and ₦86,100 in cash. All five suspects are currently in custody for further investigation as the military continues efforts to track other members of the network. Captain Yahaya emphasized the military's commitment to dismantling criminal support structures and maintaining peace in the region.
World number two Alexander Zverev secured his first Grand Slam title by defeating Italy's Flavio Cobolli in a five-set French Open final. Zverev, the second seed, won 6-1, 4-6, 6-4, 6-7 5/7, 6-1 in four hours and 16 minutes, becoming the first German man to win a major tournament since Boris Becker in 1996. This victory marks a significant moment for Zverev, who had previously experienced heartbreaking near misses in Grand Slams, including a season-ending ankle injury at the 2022 French Open semi-final. Cobolli, the 10th seed, was playing in his first Grand Slam final and expressed mixed emotions, congratulating Zverev while also acknowledging his own disappointment at being so close to the title. Both players showed nerves during the match, particularly Cobolli in the first set. Zverev's experience ultimately prevailed in the deciding set, allowing him to shed the label of being one of the best players never to have won a major title. He had previously lost in three Grand Slam finals, six quarter-finals, and seven semi-finals, notably blowing a two-set lead in the 2020 US Open final against Dominic Thiem.
Must ReadUnited States President Donald Trump abruptly ended a televised interview with NBC’s Meet the Press moderator Kristin Welker following heated exchanges. The discussion covered his proposed compensation fund for alleged victims of government “weaponization,” cases related to the January 6 Capitol riot, and his continued claims about the 2020 presidential election. Trump defended his proposal for a multi-billion-dollar fund, stating many Americans suffered under the administration of former President Joe Biden. When asked about January 6 defendants, Trump said he would review cases individually, maintaining that many had been treated unfairly. Welker challenged several of Trump’s claims, including his assertion that federal agents ushered protesters into the Capitol, stating there was no evidence. The interview became more tense when Trump reiterated his claim that the 2020 election was rigged, which Welker countered by saying he had never presented evidence. Trump then accused Welker and major media outlets of being "crooked." He ended the interview by saying, "Let’s call it quits because I’ve had enough. Thank you, darling. Have a good time." Welker later stated she spoke with Trump after the interview, and they acknowledged the weather challenges, with Trump agreeing to another interview.