Former Finance Minister and foremost economist, Kalu Idika Kalu, has been drafted by the Federal Government to lead the National Refineries Task Force (NRTF).
According to a statement released by the Ministry of Petroleum, the Refineries Task Force is mandated to ensure self-sufficiency of petroleum products in Nigeria within a strong framework in the shortest possible time.
The National Refineries Special Task Force is mandated to, among other terms of reference without prejudice to the on-going programme of rehabilitation and turn-around maintenance of Port Harcourt, Warri and Kaduna Refineries, and the building of Greenfield refineries, the National Refineries Special Task Force is mandated to:
• Conduct a high-level assessment of Port Harcourt, Warri and Kaduna Refineries, review all past reports and assessments and produce a Diagnostic Report complete with a Change Journey Map;
Review the operations of Port Harcourt, Warri and Kaduna Refineries, with a view to improving efficiency and commercial viability. The findings of this review should be part of the Diagnostic Report;
• Work with a world-class firm to audit the finances of Port Harcourt, Warri and Kaduna Refineries, and produce audited accounts over the past 2 years ending 31st December, 2011 and:
• Design investment models and a road map to self-sufficiency in local production of petroleum products in Nigeria; and produce a report, complete with timelines and milestones within the next 60 working days.
Other members of the Task Force include Mallam Yusuf Alli (Alternate Chairman); Prof. Ayo Ogunye; Mr. Imo Itsueli; Mr. M. B. Shehu, Mr. Olumuyiwa Ajibola and Dr. N. J. D. Erinne; Mr. Alex Ogedengbe; Mallam Bello Maccido; Mr. Emeka Ene; Mr. Stanley Lawson; Mr. Akin Kekere-Ekun; Mrs. Fatima Wali-Abdulrahman; Mallam Abba Dabo; Mr. Harcourt Adukeh; Mrs. Mayen Adetiba; Mr. Babatunde Ogun and Mr. Achese Igwe.
Former Finance Minister Idika Kalu Drafted to Lead National Refineries Task Force
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By BusinessNews Staff