18 January 2011
NEITI final audit report out next month
The final report of the oil and gas industry audit by the Nigerian Extractive Industries Transparency initiative (NEITI) is to be published next month. The publication of the report, covering the period between 2006 and 2008, was one of the six requirements by the Board of the Extractive Industries Transparency Initiative (EITI) in Oslo, Norway, for Nigeria’s validation as a compliant member of the international transparency group.
The EITI Board had, at its meeting last October in Dar-es-Salaam, Tanzania, adjudged Nigeria as “Close to Compliant”, giving six conditions which the country must meet to attain full compliant status on or by April, 2011.
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