By ObasEsiedesa, Abuja
The Federal Government (FG) on Monday expressed confidence that Nigeria would successfully scale through the 2026 validation of the Extractive Industries Transparency Initiative, EITI, saying reforms in transparency, accountability and governance have positioned the country for a favourableoutcome.
The Secretary to the Government of the Federation, SGF, and Chairman of the National Stakeholders Working Group, NSWG, for the EITI, Senator George Akume, stated this while declaring open a three-day joint strategic retreat of the NSWG and the senior management of the Nigeria Extractive Industries Transparency Initiative, NEITI, in Abuja.
The 2026 EITI Validation Exercise commenced on July 1, with an international validation team expected to visit Nigeria in August.
Akume described the validation as an opportunity for Nigeria to demonstrate progress in strengthening governance of its oil and gas sector, addressing previous corrective actions and institutionalising reforms that promote transparency and accountability.
