Chief Uche Nwosu, a leader of the All Progressives Congress, praised President Bola Tinubu on Thursday for signing an executive order mandating that profits from the Nigerian National Petroleum Company Limited be transferred straight into the Federation Account prior to any money being returned to the national oil company. Former Imo State Governor Rochas Okorocha's chief of staff, Nwosu, called the decision a historic move toward openness and budgetary restraint in the handling of Nigeria's oil resources.

President Bola Tinubu has signed an Executive Order (EO) that directs the Nigerian National Petroleum Company Limited (NNPCL) to remit 30 percent Frontier Exploration Fund to the Federal Government of Nigeria.

Following reports that approximately 37 villagers perished from breathing in hazardous gases during artisanal mining operations, the Federal Government has ordered the immediate closure of a mining site in Plateau State. 25 further people were admitted to the hospital following exposure to suspected carbon monoxide at the mining site in Zurak, which is situated in the Wase Local Government Area, according to a post made on Wednesday by security analyst Zagazola Makama on X.

The Nigerian Content Development and Monitoring Board (NCDMB) has insisted that the remittance of the one percent Nigerian Content Development Fund (NCDF) levy remains compulsory for operators, contractors, and service companies in the upstream oil and gas sector.

The Federal Ministry of Health has ordered the immediate disengagement of Directors who have served in the directorate cadre for at least eight years. According to a memo seen by our correspondent in Abuja on Tuesday morning, the impacted directors include those from the ministry, federal hospitals, and agencies, among others. According to sources, the Federal Government urged all Ministries, Departments, and Agencies to enforce the eight-year term restriction for directors and permanent secretaries, following a new deadline established by the Office of the Head of Civil Service of the Federation.

The Nigerian Electricity Regulatory Commission (NERC) has issued a three-step guideline for electricity consumers seeking to resolve power supply, billing, and metering complaints.