• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy NEITI Saves Extractive Sector from Collapse
  • Economy

NEITI Saves Extractive Sector from Collapse

By
Orji Ogbonnaya Orji
-
January 19, 2018
NEITI ES Waziri Adio
NEITI ES Waziri Adio

NEITI Saves Extractive Sector from Collapse
The Chairman, Senate Committee on Federal Character and Inter-Governmental Affairs, Senator Tijjani Yahaya Kaura says NEITI’s intervention in the management of Nigeria’s extractive sector has saved the sector from imminent collapse.

Chairman Senate Committee on Federal Character and Inter-Governmental Affairs, Senator Yahaya Kaura stated this in Abuja when NEITI appeared before the Committee to defend its 2018 budget proposal.

Senator Kaura explained that the monumental corruption that characterized the oil and gas industry since inception has resulted in a situation where the natural resources became a curse rather than a blessing to the citizens.
“We are aware of the courageous work that NEITI has done and the sanity that its intervention has brought to the sector in spite of mounting challenges. NEITI’s bold and courageous disclosures have drawn attention and beamed the torch light on the sector that is the lifeline of the nation”, Senator Kaura stated.

He expressed his Committee’s delight and satisfaction over the excellent work done so far by NEITI especially in the last two years and promised to support the agency in ensuring that it gets the required resources to enable it fulfill its mandate.

“We have very high regards for you and your agency because we know you are transparent,” Senator Kaura added. “I personally commend the Executive Secretary and his able team in NEITI for walking the talk”

Senator Kaura called on other agencies of government to emulate the competence, professionalism and integrity exhibited by NEITI in the discharge of its duties.

Read Also:

  • PSC Elevates 1 DIG, 7 AIGs, 13 CPs, Others in Major Police Promotion
  • NAF’s Operational Success Depends on Training, Welfare — Air Marshal Aneke
  • Sugar Production: FG Tasks BUA on LASUCO Factory Completion

Presenting the budget, the Executive Secretary of NEITI, Mr. Waziri Adio appealed to the committee for support in ensuring adequate appropriation so that the agency will continue to deliver in its mandate.

He told the committee that the driving philosophy of NEITI remains the promotion of a culture of learning and achieving much with less and commended the government for supporting the operations of NEITI even when the pronouncements of the agency appear to challenge the status quo.

He reaffirmed the commitment of the NEITI to remain professional, bold and courageous in confronting institutional, governance and man-made obstacles that frustrate transparency and accountability in the extractive sector especially the oil and gas industry.
Mr. Adio identified the “automation of NEITI audit process, timely and regular reporting, and multi-stakeholders’ mobilization towards using the EITI framework for reforms” as key priorities of the agency.

He used the forum to renew his appeal to the National Assembly to see its relationship with NEITI as that of critical partners in the monitoring and oversight functions. One way to achieving this, he added, is for the National Assembly to “Ensure that NEITI reports are publicly debated at plenary sessions of the Senate and House of Representatives, pay attention to the recommendations contained in the report and ensure that remediation occurs. This will guarantee that the on-going reforms in the sector championed by NEITI’s advocacy impact the citizenry. This is not what we can do all alone by ourselves. We need you and others to play their parts”. Mr. Adio concluded.

Dr Orji Ogbonnaya Orji
Director, Communications & Advocacy

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Extractive Sector
  • NEITI
  • Tijjani Yahaya Kaura
Previous articleTrending Video: ICRC Boxes of Cash Not in Nigeria, Red Cross Condemns Allegations
Next articleCISLAC Laments Violent Attacks, Security Breaches
Orji Ogbonnaya Orji
Orji Ogbonnaya Orji
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Police Service Commission

PSC Elevates 1 DIG, 7 AIGs, 13 CPs, Others in Major Police Promotion

NAF’s Operational Success Depends on Training, Welfare — Air Marshal Aneke

Army Chief Orders Completion of Barracks Housing, Unveils Training Reforms, Post-Service Accommodation Drive

NAFDAC Destroys Fake, Expired Products Worth Over N10bn in Kano

Senate Confirms Fani-Kayode, Omokri, Ex-INEC Chair, 61 Others as Ambassadors

Kwara Police Nab 3 Suspected Kidnappers, Recover  Ammunition

Troops of Nigerian Army after successfully foiling an ambush by Boko Haram/ISWAP Terrorists

Troops Neutralise Terrorists, Recover Arms in Zamfara, Borno Operations

DR Ike Neliaku NIPR President

NIPR President Rules Out Tenure Extension, Seeks Strong Legacy

PHOTO: FG Confirms Release of Detained NAF Aircraft, 11 Crew Members in Burkina Faso

How EFCC Operatives Nabbed 5 Herbalists with $3.4m, €280,000 Counterfeit Currency in Osun, Lagos

Adewale Adeniyi Bashir, Comptroller General of Customs (CGC)

Customs Begins Enforcement of Penalties against Banks over Delayed Revenue Remittance

President Bola Ahmed Tinubu

Group Calls for Suspension of Tinubu’s New Tax Law

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • PSC Elevates 1 DIG, 7 AIGs, 13 CPs, Others in Major Police Promotion
  • NAF’s Operational Success Depends on Training, Welfare — Air Marshal Aneke
  • Sugar Production: FG Tasks BUA on LASUCO Factory Completion
  • Army Chief Orders Completion of Barracks Housing, Unveils Training Reforms, Post-Service Accommodation Drive
  • NAFDAC Destroys Fake, Expired Products Worth Over N10bn in Kano
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
PSC Elevates 1 DIG, 7 AIGs, 13 CPs, Others in Major Police PromotionNAF’s Operational Success Depends on Training, Welfare — Air Marshal AnekeSugar Production: FG Tasks BUA on LASUCO Factory CompletionArmy Chief Orders Completion of Barracks Housing, Unveils Training Reforms, Post-Service Accommodation DriveNAFDAC Destroys Fake, Expired Products Worth Over N10bn in KanoSenate Confirms Fani-Kayode, Omokri, Ex-INEC Chair, 61 Others as AmbassadorsKwara Police Nab 3 Suspected Kidnappers, Recover  AmmunitionTroops Neutralise Terrorists, Recover Arms in Zamfara, Borno OperationsNIPR President Rules Out Tenure Extension, Seeks Strong LegacyPHOTO: FG Confirms Release of Detained NAF Aircraft, 11 Crew Members in Burkina FasoNigeria, EU Align to Strengthen Defence Engagements, Security CooperationHow EFCC Operatives Nabbed 5 Herbalists with $3.4m, €280,000 Counterfeit Currency in Osun, LagosCustoms Begins Enforcement of Penalties against Banks over Delayed Revenue RemittanceFederal Civil Service Deploys AI Tool Trained on Laws, Service RulesGroup Calls for Suspension of Tinubu’s New Tax Law
X whatsapp