President Goodluck Jonathan, on Monday, directed the Petroleum Revenue Special Task Force chaired by Nuhu Ribadu to present a comprehensive report to him this week.
Dr. Reuben Abati, Special Adviser to the President on Media and Publicity, disclosed this in a statement in Abuja, adding that the directive was in furtherance of the administration’s commitment to transparency in the petroleum sector.
He stated that the presentation of the committee’s report would take place on Friday, November 2, at 11 a.m., at the State House, Abuja.
The committee was set up in February to, among other tasks, verify all petroleum upstream and downstream revenues (taxes and royalties) due and payable to the Federal Government.
It was also tasked to take necessary steps to collect all debts due and owed, and to obtain agreements and enforce payment terms by all oil industry operators.
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