The Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 – Commentary by Tope Adebayo, Senior Partner, Tope Adebayo LP

The Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 – Commentary by Tope Adebayo, Senior Partner, Tope Adebayo LP

On February 13, 2026, the President of the Federal Republic of Nigeria signed Executive Order 9 of 2026 (“the Order”) pursuant to Section 5 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) (“ the Constitution”). The order mandates direct remittances of all Royalty Oil, Tax Oil, Profit Oil, Profit Gas, and […]