World Bank Urges Nigeria to Enforce Executive Order 9

The World Bank has called for the strict enforcement of Executive Order 9, urging the Nigerian federal government to fully implement measures that direct the end of revenue deductions at the source. This directive is part of a broader fiscal reform agenda initiated by President Bola Ahmed Tinubu, announced on February 13, 2026.

The order aims to enhance revenue transparency and strengthen fiscal discipline by curtailing discretionary deductions and ensuring that government revenues are remitted to the federal account. Following the implementation of Executive Order 9, Nigeria's revenue from oil and gas royalties saw a significant increase, rising to N471.27 billion in February 2026, an 87.6% increase from January.

However, the World Bank noted that several agencies are operating outside the spirit of the order, relying on fixed percentages of gross revenue, which contradicts the reform's objectives. The report emphasizes the need for improved financial transparency and oversight to ensure the effective distribution of revenues among the three tiers of government.