The Nigeria Extractive Industries Transparency Initiative (NEITI) is to work with the Office of the Auditor General of the Federation (AuGF) to promote integrity in data collation, validation and management on revenues from extractive industries.
NEITI’s Executive Secretary, Mr Waziri Adio, stated this in Abuja while receiving the AuGF, Mr. Anthony Ayeni, during a visit to seek collaboration and partnership.
Adio expressed concerns over poor sectoral linkages in data generation, collation, management and dissemination on revenues generated or expended from oil, gas and mining.
In a statement on Sunday, the organisation said the Executive Secretary identified poor linkages among relevant agencies as major constraints in national planning, natural resource governance and public finance management.
He said: “Our doors are quite open. NEITI is ready and willing to work with sister-agencies on information and data sharing, capacity and manpower development.
“It is not just enough to be transparent; it is about being comprehensively transparent to ensure that the information is understood. Anything that will bring about transparency in the management of revenues we will give you all the support.
“We are working for the same purpose. We have to leverage on the strengths of the different agencies. We have done this for 15 years and we have the information that will guide you in the extractive industry.”
The NEITI chief reminded the AuGF of the agency’s statutory responsibilities.
Ayeni called for closer cooperation in data management and knowledge sharing towards efficient implementation of a World Bank-funded programme on fiscal governance.
He said, “The World Bank-funded programme is to address fiscal management issues, which will help to strengthen accountability process of the nation’s economy. Five ministries, departments and agencies (MDAs) are participating. They include Auditor General’s Office, Ministry of Budget and Planning, National Bureau of Statistics, Bureau of Public Procurement, among others.”