An executive order is an instrument through which the president exercises constitutional power. It is not legislation. It cannot amend legislation.
According to the FAAC, gross statutory revenue of N1.631 trillion was received for December 2025.
Mr Tinubu, in December last year, approved the cancellation of the debts amid ongoing reform efforts by FG.
President Bola Tinubu had, in May 2023, announced the removal of fuel subsidy.
According to him, the 2026 budget was built on the philosophies of inclusivity, accountability and transparency.
He stressed that the Supreme Court remained the nation’s highest legal authority.
Mr Adeleke also stated that the capital expenditure amounts to ₦388 billion, which is 55 per cent of the total budget.
Mr Omolayo maintained that he remained the duly recognised chairman of Owo Local Government.
The communiqué said that total gross revenue of N2.942 trillion was available in the month of May.
FAAC said the federal government received N528.696 billion, and the state governments received N530.448 billion.
