President Bola Tinubu, on Tuesday, reaffirmed Nigeria’s commitment to the implementation of the Extractive Industries Transparency Initiative , EITI.
By inaugurating the newly constituted 15-member National Stakeholders Working Group, NSWG.
Also known as the Governing Board of the Nigeria Extractive Industries Transparency Initiative, NEITI.
Represented by the Secretary to the Government of the Federation, Senator George Akume, who also chairs the new NEITI board.
Tinubu said transparency in the extractive sector as well as prudent management of Nigeria’s resources was central to his administration’s economic agenda and the anti-corruption policies.
Tinubu emphasised NEITI’s non-partisan nature, calling on the NSWG members to conduct themselves according to the EITI standards.
That define the function of the NSWG to be focused on policy and oversight, not day-to-day management.
Addressing the board shortly after the inauguration, the NSWG Chairman, George Akume, stressed the need for the new NEITI board to immediately take steps to address the outstanding issues raised by the EITI validation report.
