Tinubu’s Executive Order: FG, States, LGs Allocation May Increase By N15tn
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 be paid directly into the Federation Account This is based on an analysis of revenue inflows in 2025, drawing on […]