The Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio has been invited to the 40th Extractive Industries Transparency Initiative (EITI) International Board Meeting holding in Berlin, Germany on June 28th to 29th, where he is expected to brief the Board on impact of EITI implementation in Nigeria.
Mr Adio will use the opportunity to report on how NEITI reports have helped to shape the on-going reforms in the country’s oil, gas and mining sectors.
According to the NEITI June, 2018 Newsletter, the reform in the oil and gas industry largely influenced by NEITI reports is driven by the 7-Big-Wins launched by the Nigerian National Petroleum Corporation (NNPC), while the Solid Minerals Development Road Map has also been launched and implementation commenced to address issues related to the sector.
A close look at the contents of the two policy reform documents shows that remedial issues in NEITI reports (1999 till date) have shaped the direction and contents of the two major reform initiatives on-going in Nigeria’s extractive industry.
NEITI in the newsletter says it sees the development as a timely recognition of Nigeria’s high ranking profile as an important implementing country, where reports not only shape public debates but have triggered increasing public demands for reforms.
Meanwhile, the NEITI Executive Secretary, while in Germany will also consult widely with other national coordinators of EITI implementing countries on issues of peer learning, information sharing and capacity building, as well as explore areas of cooperation with members of the EITI global community.