The Nation Newspaper Akume challenges NEITI on transparency
He said activities of NEITI are under the watchful eyes of the International Extractive Industries Transparency Initiative and members of the press.
In his remarks, NEITI Executive Secretary, Dr. Orji Ogbonnaya Orji said the IMTT as it is popularly known is a very important aspect of the EITI process in Nigeria, being a decision made by the Federal Executive Council after the release of the first NEITI oil and gas report that covered years 1999-2004.
He added that the team is a reunion from what we established in the past. NEITI has envisaged that the reforms that are taking place in Nigeria’s extractive sector especially, the implementation of the Solid Minerals Roadmap and the enactment of the Petroleum Industry Act would have taken over the work of the IMTT, but recent developments have clearly shown that the IMTT has come to stay and remains relevant due to its unique composition and responsibility.
He said the National Stakeholders Working Group also known as the Board of NEITI has expanded the Inter-Ministerial Task Team -IMTT to serve as the forum for both remediation and government engagements.He recalled that a NEITI National Stakeholders Working Group in place, it was inaugurated last week by the President with the Secretary to the Government of the Federation as the Chairman.
“NEITI has also since commenced the conduct of its 2022/2023 industry reports of the Oil, Gas and Solid Minerals sector. Our scope of coverage is very wide and the outcome of this very important industry reports covering companies doing business in both sectors will be very insightful for the government, the legislature, the civil society and the international development partners as well as investors interested in investing in Nigeria’s extractive sector.
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