Executive Order 9: Constitutional fidelity, not executive overreach, says Budget Office
Following the controversy generated by an executive order that was recently signed by President Bola Ahmed Tinubu, directing the NNPC to make remittance of it’s proceeds into the federation account, the Budget Office of the Federation, has made an official statement to make clarifications.
In a press statement signed by Tanimu Yakubu, the Director-General Budget Office of the Federation who doubles as the Secretary of Implementation Committee of Executive Order 9 which sighted by Justnews, it was made clear that President Tinubu’s order was constitutional and not an executive overreach.
Below is the statement as released:
Commentary suggesting that Executive Order 9 (EO9) amounts to the President “making law” misstates both the Constitution and the fiscal question at issue. EO9 does not create law; it enforces constitutional custody of Federation revenues.
Section 80(1) of the Constitution (1999, as amended) is mandatory: all revenues or other moneys raised or received by the Federation shall be paid into and form one Consolidated Revenue Fund of the Federation. Public revenue cannot lawfully be retained, applied, or warehoused outside constitutional funds.
Section 162 complements this rule by requiring revenues accruing to the Federation to be paid into the Federation Account for distribution in accordance with constitutional allocation principles. The order of legality is clear: revenue must first enter constitutionally recognised accounts before it can be appropriated, shared, or spent.
EO9 operationalises these provisions in the oil and gas sector by directing direct remittance of petroleum revenues – including royalties, taxes, profit oil and gas, penalties, and related receipts – into constitutionally recognised accounts, and by tightening reconciliation and transparency across collection, custody, and reporting.
EO9 does not intrude into legislative competence. Section 60(1) preserves the procedural autonomy of the National Assembly; EO9 does not regulate legislative procedure, amend the Petroleum Industry Act (PIA), or repeal any statute. It is an executive instrument issued under Section 5 to ensure faithful execution of the Constitution and applicable laws.
If any party disputes the constitutional validity of EO9, the judiciary remains the proper forum for determination.
Pending any judicial pronouncement, the Executive is duty-bound to protect Federation revenues, uphold constitutional supremacy, and strengthen fiscal integrity for FAAC distributions, budget credibility, and macroeconomic stability.
