Significant progress has been recorded in fixing some of the petroleum sector lapses that were identified by the first comprehensive audit of the industry, which was commissioned by the Nigeria Extractive Industries Transparency Initiative (NEITI).

“Major issues raised by the first NEITI Audits are being tackled comprehensively and conclusively,” said Dr. Siyan Malomo, chairman of NEITI. “We are moving beyond just publishing the audit reports to fixing the problems. We can now point to tangible fruits of the post-audit phase.”

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The Nigerian Extractive Industry Transparency Initiative law thatwas recently signed into law has been described as the catalyst that would right the wrongs that have taking place in the Niger Delta and other areas of Nigeria where there are active mining activities

Efe Dike of the Abubakar Tafawa Balewa University, Bauchi made the prediction in a paper titled’ NEITI, Extractive Sector and the Environment’ presented at a road-show organised for the North- East region of the country in Bauchi.

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By Abimbola Akosile and Juliana Taiwo

All About NEITI
The Nigerian Extractive Industries Transparency Initiative (NEITI) held a two-day road show in Bauchi, State, representing the North-Eastern geo-political zone of the country, to sensitise gathered stakeholders on the issues surrounding the extractive industry, especially the need for transparency and accountability in the mining sector.

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By Malachy Uzendu and Erasmus Alaneme

GOVERNOR Isa Yuguda of Bauchi State yesterday implored the Nigeria Extractive Industry Transparency Initiative (NEITI) to endeavour to reverse what he termed 'resource curse' on the country.

The appeal came even as the Economic and Financial Crimes Commission chairman, Mallam Nuhu Ribadu canvassed that NEITI be further strengthened to enable it effectively carry out its mandate.

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From Abimbola Akosile and Juliana Taiwo in Abuja

Minister for Solid Minerals Development, Alhaji Sarafa Isola, has warned that the continued neglect of communities where natural resources are tapped portends serious danger for the economy.

Isola said this at the opening of the Nigeria Extractive Industries Transparency Initiative (NEITI) North East Road-Show, in Bauchi.

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Stakeholders gathered for the Northeast Road-show have commended NEITI for looking beyond the oil and gas sector and extending its searchlight into mining. They however called on NEITI to intensify its focus on the mining sector for increased revenue transparency, environmental protection and sustainable human development in the zone and the country at large.

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