The global EITI International Secretariat has congratulated the Executive Secretary of the
Nigeria Extractive Industries Transparency Initiative (NEITI), Hon. Musa Sarkin Adar, on his recent appointment by President Bola Tinubu.
EITI Secretariat expressed confidence in NEITI’s capacity and reaffirmed its readiness to deepen collaboration and provide technical support.
NEITI’s Director of Communications & Stakeholders Management, Mrs Obiageli Onuorah, in statement on Monday, disclosed that the message which was signed by Mr. Bady Balde who is the Deputy Head of the International Secretariat based in Oslo, Norway, acknowledged Nigeria’s longstanding role within the EITI since 2003, highlighting NEITI’s pioneering contributions, including recovering unremitted revenues, driving evidencebased policy reforms and advancing beneficial ownership transparency.
These achievements, according to the Global Body, were noted as important milestones in strengthening transparency and accountability in Nigeria’s extractive sector.
“Nigeria has been an important implementing country within the EITI family. We congratulate the new Executive Secretary and stand ready to support NEITI as it prepares for Validation and advances transparency reforms that will strengthen revenue mobilisation and attract investment,” The Global Transparency Body enthused.
The EITI International Secretariat, according to the statement, also referenced the EITI Board’s November 2023 assessment, which awarded Nigeria an overall score of 72 points out of 100points and reiterated NEITI’s new leadership which it says arrives at a critical moment.
With Nigeria’s next Validation scheduled for July 2026 to assess adherence to the 2023 EITI Standard, the EITI International Secretariat underlined expectations for impactful ad result – oriented implementation of the Initiative in Nigeria.
“I am aware that there is an expectation for NEITI to actively support government priorities on revenue mobilisation, attracting investment, and informing government strategies on economic diversification, particularly regarding the development of solid minerals. The International Secretariat stands ready to support you in navigating these priorities”, Mr. Balde affirmed.
The Executive Secretary of NEITI, Hon. Musa SarkinAdar reaffirmed NEITI’s readiness to work very closely with the EITI International Secretariat, government partners, civil society, and industry stakeholders to sustain momentum on transparency reforms and ensure that the upcoming Validation of Nigeria as well as policy initiatives deliver tangible benefits for Nigerians.
The Extractive Industries Transparency Initiative (EITI)is the global standard that promotes open and accountable management of oil, gas and mineral resources through multistakeholder collaboration in resource – rich countries, while NEITI is the national implementing body for the global EITI in Nigeria with the mandate to promote transparency and accountability in the management of the country’s extractive resources.
