New dawn for Ribadu as ex EFCC boss bags new national assignment on Petroleum
Nuhu Ribadu: A new national assignment for former EFCC Chairman
The former Chairman of the Economic and Financial Crimes Commission (EFCC), Mallam Nuhu Ribadu has been picked to chair the Petroleum Revenue Special Taskforce just established by the Federal government.
He is to oversea activities and embark on responsible handling of the operations at the nation’s petroleum Industry.
In a press statement released signed by the Permanent Secretary, Ministry of Petroleum Resources, Goni M Sheikh, the newly established taskforce is saddled with the responsibility of enhancing “probity and accountability in the operations of the petroleum industry.”
Other members of the taskforce are Mr Steve Oronsaye – Deputy Chairman, Mallam Abba Kyari, Ms Benedicta Molokwu, Mr Supo Sasore, Mr Tony Idigbe, Mr Anthony George-Ikoli, Dr (Mrs) Omolara Akanji, Mr Olisa Agbakoba and Mr. Ituah Ighodalo.
Others are Mr Bon Otti, Prof Olusegun Okunnu, Mallam Samaila Zubairu, Mr Ignatius Adegunle, Mr Gerald Ilukwe, representative of FIRS- Ex-Officio, representative of FMF Incorporated- Ex-Officio, representative of HAGF/HMJ- Ex-Officio, representative of OAGF- Ex-Officio, representative of DPR- Ex-Officio and representative of NNPC- Ex-Officio.
The taskforce’s terms as spelt out in the press statement among other things include working with consultants and experts to determine and verify all petroleum upstream and downstream revenues; (taxes, royalties, etc.) due and payable to the Federal Government of Nigeria.
The body will also take all necessary steps to collect all debts due and owing; to obtain agreements and enforce payment terms by all oil industry operators in the country.
NNPC
The 17 Petroleum wise team members, has the following terms of reference:
• To work with consultants and experts to determine and verify all petroleum upstream and downstream revenues (taxes, royalties, etc.) due and payable to the Federal Government of Nigeria;
• To take all necessary steps to collect all debts due and owing; to obtain agreements and enforce payment terms by all oil industry operators;
• To design a cross debt matrix between all Agencies and Parastatals of the Federal Ministry of Petroleum Resources;
• To develop an automated platform to enable effective tracking, monitoring, and online validation of income and debt drivers of all Parastatals and Agencies in the Federal Ministry of Petroleum Resources;
• To work with world-class consultants to integrate systems and technology across the production chain to determine and monitor crude oil production and exports, ensuring at all times, the integrity of payments to the Federal Government of Nigeria; and,
• To submit monthly reports for ministerial review and further action.
The members of the committee are as follows:
1. Mallam Nuhu Ribadu - Chairman
2. Mr. Steve Oronsaye - Dep. Chairman
3. Mallam Abba Kyari - Member
4. Ms. Benedicta Molokwu - Member
5. Mr. Supo Sasore, SAN - Member
6. Mr. Tony Idigbe, SAN - Member
7. Mr. Anthony George-Ikoli, SAN - Member
8. Dr. (Mrs.) Omolara Akanji - Member
9. Mr. Olisa Agbakoba, SAN - Member
10. Mr. Ituah Ighodalo - Member
11. Mr. Bon Otti - Member
12. Prof. Olusegun Okunnu - Member
13. Mallam Samaila Zubairu - Member
14. Mr.Ignatius Adegunle - Member
15. Mr. Gerald Ilukwe - Member
16. Rep. of FIRS - Ex-Officio
17. Rep. of FMF Incorporated - Ex-Officio
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