Federal Ministry of Petroleum Resources – Petroleum Revenue Special Task Force

Abuja, Nigeria 07. February 2012 — Consistent with the policies and promises of President Goodluck Ebele Jonathan’s Administration, and underpinned by the yearnings of the people of Nigeria for transparency in the Petroleum Industry, the Honourable Minister of Petroleum Resources has set up a Petroleum Revenue Special Task Force designed to enhance probity and accountability in operations of the Petroleum Industry. The Petroleum Revenue Special Task Force, whose membership is listed below, is charged with the following terms of reference:

Terms of Reference
1. 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; Continue reading