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Oil, Gas Executive Order: Federation account belongs to all tiers of govt – Ex-PENGASSAN President, Esele

Former Peter Esele, ex-president of PENGASSAN, has stated that the federation account is a collective resource that belongs to all tiers of government, not just one level. He made this remark while reacting to debates surrounding the new oil and gas executive order.

He explained that revenue generated from natural resources is constitutionally meant to be shared among federal, state, and local governments. According to him, any policy affecting the sector must reflect fairness and transparency in distribution.

Esele warned that policies perceived as favouring one tier could create tension and weaken trust among stakeholders. He urged policymakers to ensure that reforms strengthen cooperation rather than trigger disputes over revenue rights.

He also emphasized that balanced management of oil and gas income is vital for development across Nigeria, stressing that equitable allocation helps states meet obligations and deliver services to citizens.

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