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Nigeria earned over $590 billion from oil and gas in 15 years -NEITI UGO AMADI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for closer partnership with the civil society to enable it implement remedial issues contained in its reports of the oil and gas industry.
The Executive Secretary of NEITI, WaziriAdio made the call in Abuja at a special workshop by Publish What You Pay, a leading Civil Society organisation working in the extractive sector in Nigeria.
The Executive Secretary explained that while it is the responsibility of NEITI to provide the information and data, it is the duty of the civil society to use the same information and data to hold government and companies accountable.

NEITI’s presentation at the workshop disclosed that Nigeria earned a total of $592.34 billion from the oil and gas sector from 1999 to 2014.
Mr. Adio expressed concerns that despite the huge revenues earned by government over the years, there is little change in the living standards of majority of Nigerians and in the development of infrastructure.
He urged civil society groups to be more vigilant and ensure that future earnings from the sector translate to national development and support poverty reduction.
He identified the slow pace of implementing NEITI’s industry audit findings and recommendations as one of the weakest links in EITI implementation in Nigeria and tasked Publish What You Pay to lead a robust civil society activism and engagements with relevant government agencies to implement NEITI reports.

Mr. Adio described Publish What You Pay as an important global civil society organization in a vantage position to lead advocacy for translating NEITI reports into results which is capable of bringing about the desired reforms in Nigeria’s oil, gas and mining sectors.
In her presentation, Faith Nwadishi, a member of the international EITI Board, underlined the importance of the civil society protocol in advancing civil society freedom and engagement to ensure that EITI process leads to reforms that will bring about the required impact.
MsNwadishi welcomed the improved enabling environment and space for civil society activism in Nigeria and urged civil society organizations to take up the space by utilizing information and data in NEITI reports for stronger advocacy.

Ms Asmara Klein from PWYP international presented the 2016 EITI Standard and the key areas that Nigeria needs to pay attention in order to meet the global EITI standard. These include, contracts and beneficial ownership disclosure; sub-national transfers; data quality and timelines; mandatory social expenditures etc.
The National Coordinator of Publish What You Pay in Nigeria, Emeka Ononamadu gave assurance that the exposure gained from the workshop will help CSOs to push the boundaries of transparency and accountability in the management of revenue from extractive industries in Nigeria.
He commended NEITI for the quality of its work and relationship with the civil society.
During the workshop, an Action Plan developed by the Civil Society to deepen its involvement in EITI implementation in Nigeria was ratified.

For a better society

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