Nigeria takes the Lead on Oil Industry Revenue Transparency
Article from: OGEL 5 (2003), in Roundup of Articles
Summary
Speaking at a press conference in Berlin (7 November 2003) associated with the tenth anniversary of the global anti-corruption organisation, Transparency International, President Olusegun Obasanjo of Nigeria declared that his country would be publishing openly the revenues it receives from its oil industry. This would be in keeping with the principles of the UK government-led Extractive Industries Transparency Initiative. Nigeria will 'tailor the EITI templates to suit the circumstances of its oil and gas sector', President Obasanjo said. He also stated his support for ...