Monday 29 October 2012

PRESIDENT JONATHAN DIRECTS THAT RIBADU COMMITTEE REPORT BE SUBMITTED AT PRESIDENTIAL VILLA ON FRIDAY


President Goodluck Jonathan
In line with the administration’s commitment to transparency, probity, and accountability in the petroleum sector, President Goodluck Jonathan has directed that a comprehensive report of the Petroleum Revenue Special Task Force chaired by Mallam Nuhu Ribadu should be presented to him this week.
 

Mallam Nuhu Ribadu

Special Adviser to the President on Media and Publicity Dr Reuben Abati in a press release said the Committee which was set up in February 2012, was required to, among other tasks, determine and verify all petroleum upstream and downstream revenues (taxes and royalties, etc,) due and payable to the Federal Government of Nigeria, and to take all necessary steps to collect all debts due and owed; to obtain agreements and enforce payment terms by all oil industry operators. The presentation of the Committee’s report will take place on Friday, November 2, at 11 am, at the State House, Abuja, Nigeria's federal capital territory.

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