Tinubu Ends NNPC’s 30% Revenue Cuts
ABUJA — President Bola Ahmed Tinubu has signed a high-stakes Executive Order effectively stripping the Nigerian National Petroleum Company Limited (NNPCL) of its power to deduct a staggering 60% of oil revenues at source. The directive, formally gazetted on February 13, 2026, as Executive Order No. 9, eliminates the controversial 30% management fee and the…