Tuesday, May 24, 2011

EITI lauds Nigeria on compliance

The Nation
23 May 2011

EITI lauds Nigeria on compliance

The Extractive Industries Transparency Initiative (EITI) has congratulated the Nigerian Government over her recent designation as "EITI Compliant" by the global body.

In a letter to the President, Goodluck Jonathan, the Chair of EITI, Ms Clare Short, commended the government for its commitment to the EITI process through the support for NEITI and decision to embrace transparency in the management of revenues from the extractive sector.

EITI Director of Communications, Orji Ogbonaya Orji disclosed those in a statement yesterday.

The EITI Board also, according to him, commended the Nigerian Multi-Stakeholder Working Group (NSWG) and the Secretariat of NEITI for its strong collaboration and effective oversight of EITI implementation, especially in the past few months, which led to its attainment of Compliant Status in the global EITI.  

Short noted that of the 35 countries that are implementing the EITI, Nigeria is the largest country to achieve this milestone

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