The Extractive Industries Transparency Initiative has been changing its focus and moving from oil and gas, extractives revenue to environmental, gender equity and other areas.
Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr Ogbonnaya Orji, disclosed this on Wednesday. He spoke at a capacity-building workshop for newsmen on EITI’s and NEITI’s operations, according to a News Agency of Nigeria report.
“The EITI is evolving and will continue to change, it has moved from oil and gas, to environment, to gender and even to beneficial ownership.
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“It is looking at why the extractive industry is dominated by male and also at equity distribution in the industry. It has also expanded to energy transition,” Orji said.
The NEITI executive secretary further said that the agency remained committed to strengthening its partnership with the media for effective reportage of the extractive industries in the country.
According to him, the media has a major role to play in ensuring that the government gets value from revenue generated from the extractive industry in the country.
“In all of these, how will the media report, interpret and form the opinion of people in some emerging economies? That is part of why we are here, we need to be knowledgeable enough to be able to effectively report these areas and NEITI will continue to partner the media especially in areas of capacity building,” he said.
He noted that Nigeria remains a member country of the Global EITI and must be transparent in what happens in the sector.
The EITI is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance issues in the extractive sectors.
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