MDA

Department Of Petroleum Resources (DPR)

Project Location/State

Award Year

2019

Contract Sum

₦₦0.00

Amount Paid

₦₦0.00

Unaccounted

₦₦0.00

Context/Observation

1.The Management of DPR has not taken appropriate measures to transform it to a full fledge Parastatal despite meeting all criteria for a Parastatal/Self Accountingg Unit, including a functional Internal Audit fully manned by staff of the Office of the Accountant-General of the Federation, contrary to the extant circulars and regulations.
2. DPR remits Operating Surplus to CRF annually as a Parastatal just like any other Government Agency in accordance with Section 22 of the Fiscal Responsibility Act of 2007,
3. The nomenclature for DPR, the Accounting Officer and other Heads of function alarms of DPR are fraught with incongruity. For instance, the Head of DPR is still being referred to as a director instead of Managing Director, or Director-General, or Executive Secretary, while Head of each functional arm of DPR is referred to as a Deputy Director instead of a director.

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

1. Furnish reasons why DPR has not transformed into a full- pledged parastatal as provided in relevant approvals.
2. Liaise with relevant Authorities to ensure compliance with the extant regulations on DPR’s Parastatal/Self Accounting Unit status,
3.Change the present nomenclature/designations of the Management Staff of the DPR to align with other Parastatals within the Oil Industry/Public Service.
4. Forward evidence of compliance to the Public Accounts Committees of the National Assembly, and
5. Otherwise, apply sanctions relating to gross misconduct specified in paragraph3129 of the Financial Regulations

Executive Action

N/A

Progress Report

N/A

Data Source

2019 Non compliance Audit report of the FG

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