President Muhammadu Buhari has approved the appointment of the Nigeria Extractive Industries Transparency Initiative, NEITI, into the Petroleum Industry Act, PIA, Implementation Steering Committee.
The President’s approval of the appointment of the transparency and extractive industry watchdog into the Steering Committee was conveyed to the Minister of State, Petroleum Resources, Timipre Sylva, and the Executive Secretary of NEITI, Orji Ogbonnaya Orji, by the Secretary to the Government of the Federation, Boss Mustapha.
The President stated that the imperative of including NEITI into the Committee was informed by the need to utilize the agency’s independent and reliable knowledge, information, and data to help the committee align the implementation of the Act with emerging global issues in the sector as expected.
The NEITI will also work with the committee to put in place sustainable systems and processes for institutions that will emerge under the act.