• 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:

  • The Forgotten Victims: Reclaiming the True Story of Boko Haram’s War on Muslims By Dr. Zanna Hassan
  • NAF Releases List of Shortlisted Candidates for DSSC 34/2025 Aptitude Test
  • NSCDC, Police Strengthen Collaboration to Enhance Security in FCT

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

President Tinubu with Acting Army Chief Lt Gen Olufemi Oluyede

ANALYSIS: 32 Years After, Coup Whispers Return to Nigerian Barracks

ASUU-STRIKE

JUST IN: ASUU Suspends 2-Week Warning Strike, Cites Progress in Negotiations

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

Troops Kill Notorious Bandit Abu A.K, Several Others in Zamfara Operation

Still on the Misleading Global Story About Nigeria’s Insecurity, By Mukhtar Ya’u Madobi

From left: Founder/CEO, TruCSR Consulting, Dr. Ken Egbas; Head, Corporate Affairs, Brand and Marketing Communications, Wema Bank, Mabel Adeteye; Convener, Nigeria Digital PR Summit, Segun McMedal; Director, External Affairs and Social Performance, Seplat Energy, Chioma Afe; and Associate Director, Sustainability, IHS Towers Nigeria, Asmau Smaila, during the 10th Nigeria Digital PR Summit held at the Conference Centre, Naval Dockyard, Victoria Island, Lagos, on Thursday, October 15, 2025.

Celebrities, Brands Shine as Nigeria Digital PR Summit Clocks 10 Years of Ethical Storytelling

Critical Appraisal of Mike Arnold’s Findings on Alleged Christian Genocide in Nigeria, By Prof. Adam Abba-Aji

Map of Africa

The Kano Model: How Faith Leaders Can Fight Disinformation in Nigeria and West Africa

President Bola Ahmed Tinubu

Alleged Coup Plot: Politicians and Military Officers from Southern and Northern Nigeria Under Investigation

Troops Crush Boko Haram Attack in Bama, Lose Commanding Officer in Fierce Clash

Reno Omakri and Foreigners

Reno’s Factfinders: Genocide Spin, Coup Whispers and Foreign PR Mercenaries

CG Customs Bashir Adewale Adeniyi

A New Understanding Between Customs and Manufacturers

Gen. Christopher Gwabin Musa CDS

Coup Rumour Baseless, Malicious, Says DHQ

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • The Forgotten Victims: Reclaiming the True Story of Boko Haram’s War on Muslims By Dr. Zanna Hassan
  • NAF Releases List of Shortlisted Candidates for DSSC 34/2025 Aptitude Test
  • NSCDC, Police Strengthen Collaboration to Enhance Security in FCT
  • Navy Appoints Commodore Odejobi as New Spokesman
  • FCT Police Raid Criminals Hideouts, Arrest 44 Suspects 
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
The Forgotten Victims: Reclaiming the True Story of Boko Haram’s War on Muslims By Dr. Zanna HassanNAF Releases List of Shortlisted Candidates for DSSC 34/2025 Aptitude TestNSCDC, Police Strengthen Collaboration to Enhance Security in FCTNavy Appoints Commodore Odejobi as New SpokesmanFCT Police Raid Criminals Hideouts, Arrest 44 Suspects Two Soldiers Killed as Troops Repel Terrorists’ Reprisal Attack After Eliminating Notorious Bandit LeaderNnamdi Kanu Opens Defence, Lists Wike, Buratai, Danjuma, Umahi, Others as WitnessesANALYSIS: 32 Years After, Coup Whispers Return to Nigerian BarracksASUU Suspends Two-Week Warning Strike JUST IN: ASUU Suspends 2-Week Warning Strike, Cites Progress in NegotiationsTroops Kill Notorious Bandit Abu A.K, Several Others in Zamfara OperationCDS Lauds Northern Monarchs’ Role in Intelligence, Conflict ResolutionStill on the Misleading Global Story About Nigeria's Insecurity, By Mukhtar Ya’u MadobiCelebrities, Brands Shine as Nigeria Digital PR Summit Clocks 10 Years of Ethical StorytellingCourt Dismisses Suspended NCAA Boss Suit Against ICPC
X whatsapp