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Tinubu’s Executive Order: FG, states, LGs allocation may increase by N15tn

February 20, 2026 at 03:39 PM

The federal, state, and local governments may receive additional revenue allocations of about N14.57tn following the recent Executive Order signed by President Bola Tinubu, directing that royalty oil, tax oil, profit oil, profit gas, and other revenues due to the Federation under production sharing, profit sharing, and risk service contracts...

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