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Enugu State Indigene Receives International Recognition from U.S. Leadership Institute

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Dr. Chidiogo Okonkwo in a pose after being honored internationally by CILMMD, U.S. Dr. Chidiogo Okonkwo, an indigene of Enugu State, has been conferred with an Honorary Doctorate (Honoris Causa) by the Chartered Institute of Leadership and Management of Maryland (CILMMD), USA, in recognition of her exemplary dedication to leadership, service, and community development. According to Okonkwo, the recognition is “not just about a title; it represents years of dedication, passion, service, and the grace of God that has brought me this far.” She expressed heartfelt gratitude to the leadership of CILMMD and thanked her family, mentors, friends, and supporters who have encouraged and believed in her throughout her journey. She has also received congratulatory messages from well-wishers across Nigeria and beyond, marking the achievement as a celebrated milestone. “This moment fills my heart with deep gratitude and joy,” Okonkwo added, emphasizing her renewed commitment to continue making meani...

Major Reforms in Nigeria’s Oil Revenue Management

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President Bola Ahmed Tinubu The Nigerian government, in rolling out the Executive Order 9 of 2026, introduced by President Bola Ahmed Tinubu, is targeted at protecting federal revenues and improving the management of the country’s petroleum funds. According to a statement by the Federal Ministry of Finance , the Implementation Committee for the order held a first meeting in Abuja on February 26, 2026, setting out steps to ensure petroleum revenues are managed transparently and in line with constitutional principles. The committee emphasized that all actions are meant to safeguard revenues for the Federation and support fiscal stability across all tiers of government. As part of the reforms, NNPC Limited will immediately stop collecting the 30% management fee and 30% frontier exploration fund from profit oil and profit gas (the government’s share of oil and gas after cost recovery) under Production Sharing Contracts (PSCs). Penalties previously remitted to the Midstream and Downstream G...