Tinubu Orders NNPC to Remit All Revenues

Описание: President Bola Tinubu has signed an executive order directing the Nigerian National Petroleum Company Limited to remit revenues directly to the Federation Account Allocation Committee, effectively ending its long-standing powers to deduct revenues. The administration has framed the directive as a transparency reform designed to strengthen fiscal accountability and improve revenue flows to states and local governments.
However, the move has raised constitutional and legal concerns over whether an executive order can alter the practical operation of legislation enacted by the National Assembly of Nigeria. Special Adviser Bayo Onanuga has defended the decision, citing Section 5 of the 1999 Constitution, which vests the President with executive authority to implement federal laws and uphold constitutional provisions. Meanwhile, the Petroleum and Natural Gas Senior Staff Association of Nigeria has criticised the directive, questioning its legal foundation.
Is this a decisive transparency reform, or a constitutional grey area that may face judicial scrutiny? Oil and gas expert Nick Agule joins virtually to examine the fiscal, legal and industry implications. Watch the full analysis.
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