Published
on
The Nigeria Extractive Industries Transparency Initiative (NEITI), says it has advanced progress in its conduct of the 2022-2023 industry reports of the oil, gas and mining sectors.
NEITI said it is ongoing nationwide, assuring that it would be ready in five months.
Dr Orji Ogbonnaya Orji, the Executive Secretary of NEITI, while briefing newsmen, explained that the report was being conducted by two indigenous independent administrators.
According to him, “NEITI had deployed its automated information-gathering infrastructure “ The NEITI Audit Management System (NAMS) “ for the conduct of the exercise to enhance data integrity and quality.”
He explained that for solid minerals, the areas of information include the regulatory framework; fiscal regime; roles of government entities and reforms; laws; and regulations relating to addressing corruption risks in the solid mineral sector.
According to him, the independent administrators were to make observations and recommendations that would support policymaking and impact Nigerias oil, gas and mining sectors.
Alia slams Ortom, Akume, Suswam, warns them to desist from interfering in administration
Fresh crisis as court stops Rivers State from withholding local govts financial allocations
IACD 2023: CSO calls for strengthening of anti-corruption laws, review of NEITI
NEITI report: SERAP sues Tinubu over failure to probe missing $15bn, N200bn oil revenues
NEITI report: Reps vow to probe N8trn unremitted revenue, subsidy scam
Nigeria lost N1.96trn to crude oil theft in 2021- NEITI
Nigeria’s oil and gas sector grapples with $8.2bn unsettled debt – NEITI
FG generated N193.59bn from solid minerals in 2021 “ NEITI
Copyright © Daily Post Media Ltd