EITI Assessors Praise Nigeria's Extractive Sector Reforms
Assessors from the Extractive Industries Transparency Initiative (EITI) commended Nigeria for enhancing transparency in the extractive sector during a five-day validation mission from August 10 to 14, 2023. The mission, led by Riley Zecca, included Jessica Sanchez and Gilbert Makore, and focused on Nigeria Extractive Industries Transparency Initiative (NEITI)'s stakeholder consultations, particularly with the National Assembly.
Zecca emphasized the importance of sustaining systematic disclosures to enhance public trust. The draft validation report will be submitted to the NEITI Board within three weeks, with Nigeria given one month to respond.
The final report will be presented at the EITI Global Conference in Brussels in October. NEITI's Executive Secretary, Musa Adar, described the mission's conclusion as a significant milestone, providing an opportunity for Nigeria to review its achievements and identify gaps in natural resource governance.
The validation process is seen as critical for EITI implementation and fostering open dialogue on resource governance.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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