In a significant move that aims to reshape Nigeria's oil and gas revenue management, President Bola Tinubu has signed an executive order that redirects oil and gas revenues directly to the Federation Account, bypassing the Nigerian National Petroleum Corporation (NNPC). This decision is rooted in a desire to curb wasteful spending, eliminate duplicative structures, and ensure that Nigeria’s oil wealth benefits the nation more effectively. The President's Executive Order, issued in February 2026, is intended to restore the constitutional revenue entitlements of the Federal, State, and Local Governments, which have been undermined by the provisions of the Petroleum Industry Act (PIA) of 2021. This article delves into the implications of this decision for Nigeria’s fiscal landscape, exploring the potential impact on governance, investors, and various stakeholders in the oil sector.