What Tinubu’s Executive Order means for oil & gas industry

Dailytrust | 20-02-2026 05:16pm |

President Bola Tinubu on Wednesday issued an executive order ending NNPC Limited’s retention of 30 percent of oil revenues as a management fee on oil and gas profit generated from production sharing contracts, profit sharing contracts, and risk service contracts. In a statement, Special Adviser to the President (Information and Strategy), Bayo Onanuga, said the

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