DPR strategises to recover outstanding FG’s revenues
The Department of Petroleum Resources (DPR) is set to roll out some digitalisation programme to fully automate all critical operations of the organisation, enhance efficiency of all its regulatory deliverables and accelerate recovery of all outstanding revenues due to government.
The programme when fully rolled out, will amongst other benefits, improve regulatory service delivery to all stakeholders, promote transparency and effective monitoring of the oil and gas industry, enhance the ease of doing business in the oil and gas sector in alignment with government’s recently signed Executive Order 001 and upgrade the DPR’s operational standards to world class levels.
According to the Head, Public Affairs of DPR, Paul Osu, the project will automate the administrative role of issuing import and export permits for petroleum products.
He added that it would ensure timely and transparent automation for ease of obtaining permits for importing or exporting petroleum products.
Osu said the fiscal payment administrative system is designed to enhance the collection of government revenues like royalty, concession rentals, flare penalty and others.
“It will ensure timely, transparent e-billing of companies thereby enhancing government revenue profile.
“The smart inspector is the electronic monitoring/reporting system of petroleum product retail outlets nationwide. It ensures generation of real time and accurate data of retail outlets and has the overall objective of curbing irregularities in the provision of service to customers by retail outlets,” he added.
In 2014, DPR automated the process of issuing oil and gas industry service permit (OGISP), a statutory requirement issued to Nigerian registered companies seeking to render services in the oil and gas industry, categorised into the General, Major and Specialised categories.
Thereafter, it was followed by the launch of the national production monitoring system, which is designed to receive in real time, oil and gas production data from the fields, and enhance transparency of Nigeria’s oil and gas industry in alignment with government’s aspiration.
Osu assured all stakeholders that DPR will continue to strive for excellence with integrity in the discharge of its regulatory oversight functions to the oil and gas sector in Nigeria.