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Tinubu Signs EO to Boost Federation Oil Revenues

By Ayomide Otitoju President Bola Tinubu has signed a new Executive Order aimed at safeguarding and increasing oil and gas revenues accruing to the Federation Account, while eliminating what the Federal Government described as wasteful deductions and duplicative structures under the Petroleum Industry Act (PIA). In a statement issued by presidential spokesperson Bayo Onanuga, the…

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