The implication of this is that many Nigerians, especially in the ruling class whose assets had been seized by the government, are likely to lose them.
He said President Muhammadu Buhari, had directed the Ministry of Finance led by Zainab Ahmed to execute the order, saying the government was determined to improve on the revenue profile of the country. “The Department of Petroleum Resources has been directed to, within three months, complete the collection of past-due oil license and royalty charges, including those due from Nigerian Petroleum Development Company , which it had agreed to pay since 2017”, he said.