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Monday, May 16, 2022

Nigeria inaugurates NEITI governing board

The governing board of the Nigeria Extractive Industries Transparency Initiative (NEITI) has been inaugurated to enhance the smooth running of its administration.

The Secretary to the Government of the Federation (SGF), Boss Mustapha who performed the inauguration on Thursday in Abuja, congratulated the members, saying their appointment as NEITI board members was based on individual merits and track records.

“Your appointment and inauguration, which is taking place here today is another practical demonstration of President Muhammadu Buhari’s commitment to transparency and accountability in the management of our economic resources.

“And especially, given the mandate and objectives of the Nigeria’s NEITI, ” Mustapha said.

Mustapha said that the present administration was passionate about the NEITI process because it served two key agenda of the administration.

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He said that the extractive industry was very strategic to Nigeria’s economy, hence central to the administration’s economic agenda.

The transparency and accountability in the management of nation’s resources is equally central to the anti-corruption agenda of Nigeria, Mustapha said.

He said the government was therefore, irrevocably committed to the implementation of NEITI in the oil, gas, and mining industries.

He tasked NEITI board members to ensure that the agency continued to preserve the virtues for the benefit of the present and for future generations of Nigeria.

“In order to achieve this, I must remind you that your assignment is non-partisan because NEITT itself is non-political and has maintained dignified neutrality all through almost two decades of existence.

“It is also necessary for me to stress that your appointment is a part-time one. You are therefore advised to conduct yourselves in accordance with this requirement, ” he said.

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