Oil and Gas Revenue Archives

February 19, 2026

Tinubu Orders Direct Remittance Of Oil & Gas Revenues To Federation Account

News Crackers News, Oil & Gas, Politics Executive Order, Federation Account, Midstream and Downstream Gas Infrastructure Fund (MDGIF), Oil and Gas Revenue, Petroleum Industry Act (PIA), Presidency 0

Executive Order Targets Revenue Leakages PRESIDENT Bola Tinubu has signed an Executive Order mandating the direct remittance of oil and gas revenues into the Federation Account, in a sweeping move to plug leakages and strengthen public finances. The directive, announced in Abuja through a statement by Presidential Spokesperson Bayo Onanuga, is anchored on Section 5 […]