“Niger has made inadequate progress in meeting the EITI’s requirements on civil society engagement. In the interim, the Board has determined that Niger will have 18 months to carry out corrective actions.”
Browsing: EITI Standards
“Other lapses include inefficient system of financial management; poor metering infrastructure and grossly inefficient measurement system for crude oil production accounting. Besides, there is no clear basis for determining production volumes for royalty purposes and reliable fiscal regime.”
Orji stated: “The plan also identified the need for capacity building for all stakeholders expected to be involved in the implementation given the complexity of the extractive industries in Nigeria and highlighted the need for public education and enlightenment on the principles and benefits of Beneficial Ownership disclosures.”
