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President Yar'Adua: "NEITI is critical for Nigeria"

Tuesday 29 January President Umaru Musa Yar’Adua of Nigeria approved the appointment of former ASUU President, Prof Assisi Asobie as Chairman of the National Stakeholder Working Group (NSWG) of NEITI.

In his speach at the inauguration of the new steering committee (NSWG), President Yar’Adua expressed his governments' continued support of the EITI.

We signed on to the Extractive Industries Transparency Initiative (EITI) four years ago with a view to boosting our fight against corruption in all its ramifications.  I am glad to state that NEITI has recorded major achievements in its four years of operations. Among other accomplishments, it commissioned and popularized the first comprehensive audit of the petroleum sector for the period 1999 to 2004; it conducted studies that swelled government’s coffers by over $1 billion; and it catapulted our country into a leading position among countries implementing the EITI.

For further information, please visit the NEITI website.