On the preparation for the EITI validation of the country’s implementation of the standards, he explained that “the validation exercise is conducted every three years by the EITI for all its member countries. The exercise is a quality assurance mechanism to ascertain the level of compliance and progress in implementing its standards among member countries, including Nigeria.
“You will recall that on 27th February 2019, EITI board proclaimed that Nigeria have made “satisfactory progress” over its implementation of the EITI Standard after undergoing a very rigorous validation exercise at the time under the 2016 EITI standard”.He said: “The exercise is expected to formally commence in January 2023, beginning with the review of completed Validation templates that will be submitted to the global body by the NEITI board/management.