Australia pledges support for Nigeria’s extractive industry transparency

Australia is willing to share her decades of extractive experience with Nigeria.

Australia will support Nigeria’s drive towards sanitizing its corruption-ridden extractive sector, the country’s High Commissioner to Nigeria has said.

The envoy, Jonathan Richardson, said the Australian government is prepared to work closely with NEITI to entrench accountability and transparency in the management of the extractive resources.

Mr. Richardson spoke while exchanging views with the Nigerian Extractive Industries Transparency Initiatives, NEITI’s management during a courtesy visit to NEITI Secretariat on Friday.

According to the envoy, his visit to NEITI was to show solidarity to the transparency agency for “the extraordinary job NEITI is doing in drawing national and international attention to the connection or the link between efficient extractive revenue governance and poverty reduction and development in the country.”

He commended NEITI for its independent views, courage and professionalism as reflected in the various audit reports it has published so far on the operations of the country’s extractive industries.

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Noting the vast experience at the disposal of the Australian mining industry, the diplomat said his country would be ready and willing to share same with Nigeria through NEITI operations with a view to building a mutually beneficial partnership and collaboration among investors in the two countries.

He pledged the readiness of his Mission in Nigeria to work with NEITI in the areas of human capacity development, civil society relations, logistics and dissemination of NEITI Audits reports and other identified areas of mutual interest.

The Chairman of NEITI, Ledum Mittee, assured the Australian High Commissioner that NEITI’s Board was committed to providing policy direction that would help the organization focus on achieving fiscal prudence in the industry.

He explained that poverty reduction activities have become the major target of NEITI’s strategic plan, adding that this could be achieved with sustained implementation of NEITI principles in the oil, gas and mining industries, and the enforcement of sanctions recommended in its reports.

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