Jonathan to Receive 3 Reports on Petroleum Industry

 

This is contained in a statement issued on Monday in Abuja by the Special Adviser to the President on Media and Publicity, Dr Reuben Abati.

One of the committees, according to Abati, is that led by Mr Dotun Sulaiman, charged with designing a new corporate governance code for ensuring full transparency, good governance and global best practices in the NNPC and other oil industry parastatal agencies.

He said the other headed by Dr Kalu Idika Kalu was charged with conducting a high-level assessment of the nation’s refineries and recommending ways of improving their efficiency and commercial viability.

Abati had said in a statement issued earlier that Jonathan had directed that a comprehensive report of the Petroleum Revenue Special Task Force chaired by Malam Nuhu Ribadu should be presented to him on Friday.

He said the directive was in furtherance of the administration’s commitment to transparency, probity, and accountability in the petroleum sector.

The Ribadu-let Committee was set up in February to, among other tasks, determine and verify all petroleum upstream and downstream revenues (taxes and royalties, etc,) due and payable to the Federal Government.

It was also charged with taking all necessary steps to collect all debts due and owed, and to obtain agreements and enforce payment terms by all oil industry operators.

Abati said the president would receive the reports of the Sulaiman, and Kalu-led committees at the Presidential Villa immediately after the presentation of the report of the Ribadu-led Petroleum Revenue Special Task Force.