The Nation Newspaper NEITI intensifies engagements for 2022-2023 oil, gas, mining audit
) says the focus of its ongoing nationwide audit of the oil, gas and mining companies is targeted at showering domestic resources mobilization.
According the statement, the sensitization workshops, which began in Lagos last week continued in Port Harcourt to acquaint the agencies and companies covered by the report in the affected in the South-South and South-East zones with the templates designed for the exercise, sensitise stakeholders on the scope of the report and the data and information expected for the process.
Other areas will include quantities and volume of crude produced, balances payable or receivable on certain financial transactions, taxes, royalties on project-by-project basis, social contributions and investment flows in Nigeria’s oil and gas industry,” Orji emphasised. Other areas to be covered by the reports are disclosures on environment, social and gender impact assessments of extractive activities and employment data in the industry.
“The federal government has also acknowledged this commitment and endorsed it by including the two industry representatives as members of the newly constituted NEIT Board. This is with a bid to address the global EITI validation assessment on industry engagement which the EITI advised Nigeria to improve upon.”
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