A planned Senate public hearing on Nigeria Extractive Industries Transparency Initiative (NEITI) oil and gas audit reports for 2021 to 2023 does not proceed as scheduled after key agencies fail to appear. Reports say the Senate Committee on Public Accounts convenes the hearing to review NEITI’s oil and gas industry audit work spanning 2021, 2022 and 2023. However, representatives of the Central Bank of Nigeria (CBN) do not attend, and the Niger Delta Development Commission (NDDC) also stays away. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) likewise does not show up before the committee. With these agencies missing, the committee’s investigation suffers a setback, delaying any immediate public examination of the audit findings and related implementation issues. The outlets describe the event as a failure of attendance by major stakeholders expected to provide information for the audit probe. The reporting does not indicate alternative arrangements or a new date for the hearing at the time of publication.
NEITI oil and gas audit probe delayed after CBN, NDDC, NUPRC miss Senate hearing
A planned Senate public hearing on Nigeria Extractive Industries Transparency Initiative (NEITI) oil and gas audit reports for 2021 to 2023 does not proceed as scheduled after key agencies fail to app...
- The Senate Committee on Public Accounts holds a public hearing on NEITI’s oil and gas industry audit reports for 2021–2023.
- The CBN does not appear at the hearing.
- The NDDC does not appear at the hearing.
- The NUPRC does not appear at the hearing.
- The absence of the agencies delays or setbacks the Senate probe.
The planned probe of the 2021 to 2023 audit reports on the oil and gas industry by the Nigeria Extractive Industries Transparency Initiative (NEITI) suffered a setback on Monday as key agencies shunned a Senate public hearing. The management of the Central Bank of Nigeria (CBN), the Niger Delta Development Commission (NDDC), the Nigerian Upstream […] NEITI audit probe suffers setback as CBN, NDDC, NUPRC shun Senate hearing
3 hours agoBy Henry Umoru, Abuja The Senate Committee on Public Accounts’ planned investigation into the Nigeria Extractive Industries Transparency Initiative (NEITI) Oil and Gas Industry Audit Reports for 2021, 2022 and 2023 suffered a setback on Monday after key government agencies failed to appear before the committee. The Central Bank of Nigeria (CBN), Niger Delta Development […] The post NEITI audit probe suffers setback as CBN, NDDC, NUPRC fail to appear before Senate appeared first on Vanguard News.
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