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Nigeria

Extractive Sector Transparency (NG0003)

Overview

At-a-Glance

Action Plan: Nigeria National Action Plan 2017-2019

Action Plan Cycle: 2017

Status: Active

Institutions

Lead Institution: Nigeria Extractive Industries Transparency Initiative (NEITI)

Support Institution(s): Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS), Nigerian National Petroleum Corporation (NNPC), National Assembly (NASS), Ministry of Niger-Delta, Federal Ministry of Mines and Steel, Federal Ministry of Petroleum Resources, Department of Petroleum Resources (DPR), Nigeria Content Development Board (NCDB), Revenue Mobilization, Allocation and Fiscal Commission (RMAFC), Office of the Accountant General of the Federation (OAGF), Corporate Affairs Commission (CAC), Raw Mineral Research and Development Centre (RMRDC). Natural Resource Governance Institute (NRGI), Civil Society Legislative Advocacy Centre (CISLAC), Publish What You Pay, Budgit, Public and Private Development Centre, ANEEJ, Miners Association, African Centre for Leadership, Strategy & Development (Centre LSD), Institute of Chartered Accountants of Nigeria, PENGASSAN, NUPENG, Nigerian Union of Journalists, WANGONeT, Nigerian Labour Congress

Policy Areas

Beneficial Ownership, E-Government, Extractive Industries, Fiscal Transparency, Legislation & Regulation, Open Contracting and Procurement, Open Data, Private Sector, Public Participation

IRM Review

IRM Report: Pending IRM Review

Starred: Pending IRM Review

Early Results: Pending IRM Review

Design i

Verifiable: Pending IRM Review

Relevant to OGP Values: Not Relevant

Potential Impact: Pending IRM Review

Implementation i

Completion: Pending IRM Review

Description

Nigeria’s extractive industry has failed to deliver development and improve the well being of the vast majority of her citizens. The wide spread opacity in the industry has allowed corruption to thrive, thus, deepening issues of underassessment, underpayment and under-remittance/non-remittance of revenues due to government, thereby limiting what the government can deliver to improve the lives of citizens. A backlog of remedial actions to improve accountability across financial, processes and production has not been prioritized or implementation has been too slow leading to further leakage and loss in citizens’ confidence.


Nigeria's Commitments

  1. Citizen Participation in Budget Cycle

    NG0001, 2017, Audits and Controls

  2. Open Contracting

    NG0002, 2017, Capacity Building

  3. Extractive Sector Transparency

    NG0003, 2017, Beneficial Ownership

  4. Tax Reporting Standards

    NG0004, 2017, Fiscal Transparency

  5. World Bank Doing Business Index

    NG0005, 2017, Infrastructure & Transport

  6. Beneficial Ownership Register

    NG0006, 2017, Beneficial Ownership

  7. Anti-Corruption Informationi Sharing

    NG0007, 2017, Anti-Corruption Institutions

  8. Asset Recovery Legislation

    NG0008, 2017, Capacity Building

  9. Anti-Corruption Activity Coordination

    NG0009, 2017, Anti-Corruption Institutions

  10. FOIA Compliance for Annual Reporting

    NG0010, 2017, Capacity Building

  11. FOIA Compliance for Disclosure

    NG0011, 2017, E-Government

  12. Permanent Dialogue Mechanism

    NG0012, 2017, Fiscal Transparency

  13. Joint Governmnet-Civil Society Legislation Review

    NG0013, 2017, OGP

  14. Technology-Based Citizens' Feedback

    NG0014, 2017, E-Government