Relax your lips and drop your jaw significantly. The tongue tip lightly touches behind the bottom front teeth and the back part of the tongue presses down a little to create more dark space in the back of the mouth.

Americans pronounce obligation as ah-bluh-GAY-shuhn (/ˌɑbləˈgeɪʃən/). Stress falls on the third syllable — keep everything else short and quick. You'll hear it in sentences like "I forgot that I have a family obligation this weekend".
Record yourself saying "obligation" and play it back. The mic stays on your device — nothing's uploaded.
4 syllables, 9 sounds. Tap a syllable to jump to its row, then explore each sound's mouth shape and how it's made.
Press your lips together, add vocal cord vibration, then release.

Place the tip of your tongue against the alveolar ridge just behind your top front teeth, the same contact point as /t/, /d/, and /n/. The difference is what happens to the air: for /l/, you let it flow continuously around the <em>sides</em> of the tongue (that's why /l/ is called a lateral). Turn your voice on the whole time. Lips stay relaxed, no rounding or flaring. For the Dark L variant at the end of a syllable, also pull the back of the tongue up and back toward the soft palate.

Relax your lips, jaw, and tongue completely. Drop your jaw slightly and keep the tongue neutral.
Flare your lips and lift the mid-front tongue close to the roof of your mouth. Blow air through without voicing.

Relax your lips, jaw, and tongue completely. Drop your jaw slightly and keep the tongue neutral.
The schwa before N disappears — N becomes the vowel of the syllable. Go straight from the previous consonant to N.

The textbook way isn't wrong — it's just not how anyone actually says it.
In "obligation", the short unstressed vowel before "n" disappears — the schwa is absorbed and the "n" becomes the syllable nucleus on its own. Schwa is absorbed — consonant becomes the syllable nucleus.
Stress falls on the third syllable, not the others. Stretch GAY — keep everything else short and quick.
Don't pronounce the first syllable too fully. The unstressed syllable reduces to a schwa — the lazy "uh" sound — in casual speech.