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On February 13, 2026, President Bola Ahmed Tinubu signed Executive Order 9 aimed at addressing revenue leakages in Nigeria’s oil and gas sector. This article discusses the implications of this order amid concerns over transparency and fiscal responsibility.
The implementation committee responsible for Executive Order 9 announced that comprehensive guidelines for direct remittance of oil revenues to the Federation Account will be completed within three weeks. This initiative aims to align oil revenue management with constitutional principles.
Nick Agule has hailed President Bola Tinubu's Executive Order 9, which mandates direct remittance of oil revenues to the Federation Account, calling it a critical reform to terminate inappropriate diversions of oil funds.
