Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) was established by Decree No. 49 of 1989 and later amended by Decree 98 of 1993 (now RMAFC Act CAP R7 LFN 2004) under Section 153(1) of the 1999 Constitution of the Federal Republic of Nigeria (As Amended), the Commission is listed as one of the fourteen (14) Federal Executive Bodies.  It has a Chairman and Members from each State of the Federation and the Federal Capital Territory appointed by the President.