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NEITI Seeks Subnational Partnerships As Govt Commits To Energy Transition

Chika Izuora by Chika Izuora
1 year ago
in Business
NEITI 1
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The Nigeria Extractive Industries Transparency Initiative (NEITI) has commenced a weeklong Strategic Retreat and Board Meeting in Umuahia, Abia State, as part of efforts to review its national strategy on energy transition.

The retreat will help the agency in strengthening institutional reforms, and deepen partnerships with subnational governments on natural resource governance and domestic revenue mobilization.

The retreat, supported by the Ford Foundation, brings together members of the NEITI National Stakeholders’ Working Group (NSWG) and Senior Management Team to deliberate on the ongoing NEITI research study on the impact of energy transition on Nigeria’s economy, as well as review policy implementation and strategic alignment under NEITI’s Five-Year Strategic Plan.

Declaring the retreat open, the Secretary to the Government of the Federation (SGF) and chairman of the NEITI Board, Senator George Akume, announced that the Federal Government has adopted the National Energy Transition Policy and is committed to pursuing a just, inclusive, and beneficial energy transition. He emphasized the importance of a measured, evidence-based approach that balances the urgent global shift with national development priorities—particularly revenue protection, job retention, energy security, gender equity, and citizen-focused development.

“President Bola Ahmed Tinubu’s administration has embraced the National Energy Transition Policy as a strategic blueprint for a cleaner, greener, and more resilient energy future. Our goal is to achieve net-zero emissions by 2060 without leaving anyone behind—especially our rural and vulnerable communities,” the SGF stated.

Welcoming the delegation, governor of Abia State, Dr. Alex Otti, described the retreat as a significant vote of confidence in Abia’s emerging role as a hub for reform-oriented governance and development partnerships. He expressed deep appreciation to NEITI for choosing Umuahia to host this high-level national engagement.

Dr. Otti emphasised that while Nigeria has not fully realized the benefits of its abundant natural resource endowment, the tide is turning.

He stated that, “Poverty and wealth are often a function of how natural resources are harnessed and distributed. Where extractives are exploited responsibly and revenue is transparently and equitably applied, prosperity follows. NEITI has emerged as one of the key institutions working to correct past wrongs and institutionalize transparency and accountability in Nigeria’s resource governance.”

He lauded NEITI’s pioneering efforts in driving reforms and promoting credible data disclosures, adding that Abia State is prepared to align with NEITI’s standards. The Governor cited the establishment of ABTAN Energy Ltd, a joint venture between the Abia State Government, the Petroleum Technology Association of Nigeria (PETAN), and private investors, to manage oil and gas assets responsibly. He pledged that ABTAN’s operations will fully integrate NEITI’s reporting framework to ensure that no stakeholder, especially host communities, is left behind.

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The governor also highlighted Abia’s efforts in preparing for the future of energy, including, installation of thousands of solar-powered streetlights to extend economic activity and improve public safety.

Others include: training hundreds of young people in solar installation and renewable energy systems and development of a 10,000 barrels/day modular refinery and an Industrial and Innovation Park in Ukwa West and evaluation of private sector proposals to explore key solid minerals such as kaolin, limestone, and granite.

The executive secretary of NEITI, Dr. Orji Ogbonnaya Orji, reaffirmed that the retreat is a serious working session, convened at a time of major global shifts. He explained:

“The world is moving rapidly from fossil fuels to low-carbon alternatives. For Nigeria, this transition presents complex fiscal, social, and structural challenges—but also unique opportunities to diversify our economy and build resilience. That’s why NEITI, under NSWG guidance, commissioned a national study to inform policy with credible data.”

Also speaking at the event, regional director for Africa at the EITI International Secretariat in Oslo, Norway, Gilbert Makore, R praised NEITI’s consistency in publishing timely and credible data on Nigeria’s extractive industries. He noted: “NEITI’s work is fully aligned with EITI’s mission to promote transparency, reduce poverty, and support national development through impactful reforms. Nigeria remains a global leader in EITI implementation.”

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Chika Izuora

Chika Izuora

Chika Izuora is a journalist with Leadership Media Group with over two decades of mainstream journalism experience. A Mass Communication graduate and alumnus of Pan Atlantic University (PAU), he has built outstanding expertise in the oil and gas industry alongside a versatile career as a journalist and author.

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