revenue management

President Bola Tinubu has signed an executive order mandating direct payment of oil and gas revenues into the Federation Account, a move the Revenue Mobilisation Allocation and Fiscal Commission says will curb leakages and boost government coffers.

The Revenue Mobilisation Allocation and Fiscal Commission has thrown its weight behind President Tinubu's directive requiring oil and gas revenues to flow directly into government accounts, marking a significant shift in Nigeria's fiscal management framework.

The Capital Market Academics of Nigeria has endorsed President Tinubu's Executive Order requiring direct remittance of oil and gas revenues to the Federation Account, calling it a significant fiscal transparency measure while recommending its extension to joint venture assets.

President Bola Tinubu has signed an executive order requiring direct remittance of oil and gas revenues to the Federation Account Allocation Committee, bypassing intermediary agencies in a reform aimed at plugging revenue leakages.

President Tinubu signs Executive Order requiring immediate transfer of petroleum revenues to central treasury, marking significant shift in Nigeria's oil revenue management framework.