NEITI advocates PIA implementation to improve oil earnings

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NEITI advocates PIA implementation to improve oil earnings
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The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday, in Abuja, said successful implementation of the PIA

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The Nigeria Extractive Industries Transparency Initiative yesterday, in Abuja, said successful implementation of the Petroleum Industry Act remains sacrosanct in boosting the country’s oil earnings.The Nigeria Extractive Industries Transparency Initiative yesterday, in Abuja, said the successful implementation of the Petroleum Industry Act remains sacrosanct in boosting the country’s oil earnings.

According to him, as an agency with the mandate to promote transparency and accountability in the extractive sectors, with a multi-stakeholders platform for dialogue on natural resources governance, NEITI has a huge responsibility to facilitate and strengthen the participation of diverse stakeholders for a successful implementation of the PIA.

He said the agency would leverage on its experience and exposure in the oil and gas sector over the years to ensure that the implementation of the PIA delivers its overall objective and desired results.

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