On 13 February 2026, the Nigerian President signed the Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 (“Executive Order No. 9 of 2026”), aimed at preventing revenue losses and unconstitutional deductions to ensure more funds are available for the federal, state, and local governments.
The Executive Order restores the constitutional revenue entitlements that were altered by the enactment of the Petroleum Industry Act (PIA), 2021.
