Stakeholders in the extractive industries have endorsed the EITI report in line with global principles of implementing EITI in context as a major tool for advocacy to hold the government and the companies accountable and efficient governance of Nigeria’s extractive industries.
Stakeholders in the industries converged on Abuja, to deliberate and endorse the NEITI 2021 independent industry reports of the oil, gas and mining sectors.
They confirmed that their endorsement followed the review of the draft report earlier shared for comments and inputs.
Ms. Faith Nwadishi, a former member of the EITI International Board and the NEITI National Stakeholders Working Group, chaired the civil society constituency.
Ms. Faith Nwadishi praised the NEITI for its tenacity and dedication in ensuring that Nigeria achieves its duties to the global EITI by issuing the reports notwithstanding the absence of its NSWG.
Auwal Musa Rafsanjani, Executive Director of the Civil Society Legislative Advocacy Centre, stated that the report’s endorsement demonstrated ownership of the multi-stakeholder approach.
One of the participants, Taiwo Otitolaye expressed delight that the EITI’s recommendation should be embedded in the next review of the EITI Standard.
The companies were represented by Dundan Sasi of the NEITI-Companies Forum and Mr Dundan Sasi reaffirmed the commitment of the companies to the EITI principles and requirements.
He stated that the companies will continue to support the EITI process and implementation in Nigeria. He endorsed the report and requested that the comments of the companies which has been forwarded to the IAs must be reflected.
The government agencies were led by the Ministries of Mines and Steel Development and Environment, the Nigeria Upstream Regulatory Commission, the Central Bank of Nigeria,
The stakeholders are drawn from the civil society, extractive companies and government representatives.
