What Changed, What It Means, and What Operators Should Do Now
On 13 February 2026, the Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 (Executive Order No. 9, 2026) was published in the Official Gazette.
The Order seeks to restore a direct remittance model for petroleum receipts due to the Federation Account and to clarify regulatory coordination between the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), particularly for integrated operations.
While positioned as a corrective measure to strengthen constitutional compliance and revenue discipline, Executive Order No. 9 also raises important statutory hierarchy considerations under the Petroleum Industry Act (PIA) 2021.
This Client Bulletin examines:
Operators should treat this as an immediate operational development while carefully managing statutory interpretation risks and implementation uncertainty.
Read the full Bulletin below.