Oil revenue: Nothing wrong with Tinubu’s order – Chairman State Finance Commissioners

Chairman of the Forum of State Commissioners for Finance, Akintunde Oyebode, says determination is thing incorrect with the directive of President Bola Tinubu connected lipid gross remittance.

Oyebode stated this connected Tuesday connected Arise Television’s ‘Morning Show’.

DAILY POST had reported that President Tinubu signed an Executive Order, EO, to safeguard and heighten lipid and state revenues for the Federation.

The Order is besides to curb wasteful spending, destruct duplicative structures successful the assemblage and redirect resources for the payment of the Nigerian people.

Speaking connected the development, Oyebode said, “I don’t spot immoderate negatives with Tinubu’s directive.

“The lipid and state manufacture successful this state has seen important upside successful the past 2 years. We’re talking $10 cardinal of caller investments, including Bonga, Bonga North, which has gone done Fund for Innovation successful Development.

“I deliberation it’s a large clip for the manufacture arsenic a whole. ...