FG Recommits to EITI, Vows Tighter Oil Revenues Oversight
Stories by Emmanuel Addeh in Abuja The federal government has reaffirmed its commitment to the Extractive Industries Transparency Initiative (EITI), pledging to deepen public disclosure, revenue reconciliation, independent audits and
The Nigerian federal government has reaffirmed its commitment to the Extractive Industries Transparency Initiative (EITI) and pledged to enhance public disclosure, revenue reconciliation, independent audits, and institutional accountability in the country’s extractive sector. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made this assurance while delivering Nigeria’s commitment statement at the EITI Leadership Forum of the 2026 EITI Global Conference in Brussels, Belgium.
Ekpo emphasized that the government’s ongoing reforms aim to make petroleum revenues more traceable, reduce leakages, and provide citizens with greater visibility into how proceeds from natural resources are collected and deployed.
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