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Oil revenue shakeup: States back Tinubu’s Executive Order

February 25, 2026 at 07:35 AM

The Chairman of the Forum of State Commissioners of Finance, Akintunde Oyebode, has said President Bola Tinubu’s Executive Order 9 on direct remittance of oil and gas revenues would add only about N1.5tn to the Federation Account, arguing that the bigger issue is enforcing constitutional custody of federation revenues and...

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