Franklin Alli
The Federal Government has blocked all loopholes that facilitate loss of revenue to Federal Government in oil/gas export.

Permanent Secretary, Federal Ministry of Commerce and Industry, Dr. Abubakar Mohammad, who disclosed this, said that  officials of the Department of Weights and Measures under the Ministry , have been stationed at the oil terminals to perform their duties by ensuring accurate record and measurement as well as volume of crude oil at various terminals and it is our duty and responsibility to know the quantity of fuel lifted at the terminals.

Dr. Mohammad, further disclosed that after the abolition of export license following the introduction of Trade Liberation policy of the Federal Government, there was need to control and monitor what was going on in the oil industry.

In his contribution, the representative of Department of Petroleum Resources (DPR) Mr. Ogun Paulinks, stated that the department was taking care of late submission of application forms and that all the oil companies have agreed to collect forms early to submit to (DPR) early for processing and onward transmission to Federal Ministry of Commerce and Industry.

At the end of the meeting, the stakeholders and officials of government agreed  that late submission of application would be curtailed by adhering strictly to collection and submission of forms by July.