Connect with us
Advertise With Us

BUSINESS

‘NEITI Not Under Government Control’

Published

on


The Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio said the operation of the agency has never been subjected to control or restrictions by the government despite the criticism over activities of other key government owned companies. Rather, he noted that the agency’s reports have become a yield stick for measuring the accuracy of figures presented in government forums such as the National Economic Council (NEC) meetings.

According to him, government and its agencies have been more supportive and encouraging as NEITI continues its advocacy for transparency and accountability in public institutions especially those in the extractive sector. “Some of the things people talk about now as it concerns the oil and gas industry is as a result of the activities of NEITI. Adio disclosed this in Abuja recently while speaking with journalists on slated visit of a team from the global Extractive Industries Transparency Initiative (EITI) to conduct the Validation process of NEITI.

Speaking at the event designed to sensitize stakeholders including the civil society and media on their roles in the exercise, Adio said the agency has contributed enormously to openness in activities of corporate entities in the country since its inception. The global Extractive Industries Transparency Initiative (EITI) Validation process is a quality assurance mechanism to ascertain the level of compliance to EITI standards in the oil, gas and mining sectors among member countries, including Nigeria. 



Copyright LEADERSHIP.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: [email protected]





Which party would you vote for President in the 2019 general election?

View Results

Loading ... Loading ...


Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments
Advertisement

Sign up for our newsletter

Advertisement

MOST POPULAR

Pin It on Pinterest

Share This

Share this post with your friends!