OrderPaperToday – OrderPaper Advocacy Initiative has hailed the Nigeria Extractive Industry Transparency Initiative (NEITI) on Nigeria’s emergence as one of seven countries that have attained the highest ranking of ‘Satisfactory Progress’ by the global watchdog, Extractive Industries Transparency Initiative (EITI).

In a  statement on Sunday, the organization noted that the recognition is an achievement for Nigeria as a nation but also stressed that it is a testimony to the drive for innovation combined with the fervent pursuit of NEITI’s mandate that have brought about increased transparency and accountability in the country’s “hazy, complex and opaque extractive sector.”

According to the statement, “The impact of NEITI’s work in promoting transparency in the country’s extractive sector cannot be overemphasized. Apart from the mandatory annual audits of the oil and gas and solid minerals sectors, the production and dissemination of several signature publications including Policy Papers and value-for-money data analytics are essential innovations that have scaled up the level of disclosures and engagements on sector-related issues.

“OrderPaper Advocacy Initiative further notes that these steps have enabled more constructive, robust and results-oriented engagements between and among stakeholders in the extractive sector while empowering the media, civil society and citizens to demand more transparency and accountability from government and private sector actors with respect to revenues, receipts and expenditure of proceeds accruing from Nigeria’s rich resource endowments.”

The Executive Director of OrderPaper Advocacy Initiative, Oke Epia in his remarks reserved special praise for the Executive Secretary of NEITI, Waziri Adio but called on the body not to relent in its efforts of maintaining Nigeria’s place at the top in the implementation of the EITI standards and principles.

“The attainment of the rank of Satisfactory Progress for Nigeria from the latest validation exercise by the EITI speaks to the worthy gains around disclosures and notable attempts at transparency and accountability. This globally enviable feat is a credit to the Board as well as Management and Staff of NEITI led by the indefatigable Executive Secretary, Mr. Waziri Adio.

“It is also a call for other stakeholders especially the media and civil society to continue to rally round NEITI to strengthen its hand in the big push for transparency and accountability in Nigeria’s extractive sector,” he said.

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Damilola is a multiple award-winning Writer, Researcher, and Community/Sustainable Development Practitioner. His interests and experience span across media, academics, human capital development, and strategic planning. Damilola is the first Nigerian in history to win the blog4dev writing contest organised by the World Bank. Also, his writing on violent extremism and sustainable peace in Nigeria won a PeaceWriteNow prize, presented by the Embassy of Ireland in June, 2018. His works have been published in Nigeria and the United States of America, in English and in French. Damilola has also attended important meetings within and outside the African continent including the 2019 Spring Meetings of the World Bank and International Monetary Fund in Washington D.C, USA. He was also a special guest on a panel discussion titled “How creative industry can help to stem fragility,” which was held at the headquarters of the World Bank in Washington, D.C, USA. Furthermore, Damilola was selected as a Champion of Advocacy against extreme poverty and preventable diseases by ONE Campaign in May, 2019. An alumnus of the prestigious Lagos Business School and Federal University of Technology Akure, Damilola Adeniran represents Nigeria in the Youth Transforming Africa Program.

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