The World Bank has called for a tighter and more explicit enforcement of Executive Order 9, urging the Federal Government to fully implement the directive by ending revenue deductions at source and migrating Ministries, Departments, and Agencies to budgetary funding.
In its latest Nigeria Development Update report, analysed by our correspondent on Thursday and titled “Nigeria’s Tomorrow Must Start Today: The Case for Early Childhood Development,” the Bank said that while the order has already triggered notable improvements in revenue transparency, “further consolidation of recent gains” would depend on how rigorously its provisions are enforced across all government institutions.
Executive Order 9, which mandates the remittance of government revenues into the Federation Account and curtails discretionary deductions, was designed to strengthen fiscal discipline and improve the transparency of public finances.