The Guardian Nigeria News - Nigeria and World News guardian.ng 21 Sep, 2020 14:30 am

Group wants NNPC to champion contract transparency in extractiveNigeria

Group wants NNPC to champion contract transparency in extractiveNigeria
The Contract Transparency Network (CONTRANET) a civil society network, has urged the Nigerian National Petroleum Corporation (NNPC) to champion

The Contract Transparency Network (CONTRANET) a civil society network, has urged the Nigerian National Petroleum Corporation (NNPC) to champion the implementation of contract transparency in the extractive value chain in line with Extractive Industries Transparency Initiative (EITI) standards.The group disclosed this in a communique on Monday, signed by all members and issued at the end of its virtual meeting on advocacy strategy for the adoption and implementation of contract transparency in the extractive industry in the country.“We commended NNPC for signing on to EITI as a supporting company and called on them to champion the implementation of contract transparency in the extractive value chain according to EITI standards.The network said that the Federal Government should commence multi-stakeholder consultations on how to proceed with the implementation of contract transparency in the extractive sector in accordance with all her international commitments.

It added that the Federal Ministry of Petroleum Resources, Federal Ministry of Mines and Steel Development , the NNPC and Mining Cadastre Office should collaborate with the NEITI and other stakeholders, to develop and adopt a framework for the implementation of contract transparency in the extractive sector in Nigeria.“Civil society organisations should engage the office of the Attorney General of the Federation and Minister of Justice through the Open Government Partnership Secretariat to commence the review of the necessary legislative and policy frameworks that will make the implementation of contract transparency in the extractive sector a reality in Nigeria,” the members said.

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