RIBADU REPORT:Report of the Petroleum Revenue Special Task Force

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CONFIDEN TIAL DRAFT 3.

Central Bank of Nigeria

A quick win solution would be to study and automate the NXP forms with a view to track shipments and track repatriation of export proceeds.

The existing CBN systems should be interfaced with other systems in the various relevant agencies in order to provide an overview of all revenue reporting and enable timely reconciliation between organizations.

1.

Nigeria Customs Services (NCS)

1.

The existing NCS system should be integrated with other systems in the various relevant agencies in order to provide an overview of all revenue reporting and enable timely reconciliation between organizations. Full automation of the Petroleum Industry

The PRSTF has recommended a way forward for the full automation of the Petroleum Industry. Key features of the proposed metering and measurement regime in particular are shown below.

Figure A: Features of Proposed Metering and Measurement Regime

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