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The EITI Board in Kyiv on 27-28 February determined the EITI status of Ethiopia, Ghana, Guinea, Malawi, Mauritania, Nigeria, Norway and Trinidad and Tobago.
EITI chair Fredrik Reinfeldt commented, "over half of all EITI countries have now undergone Validation against the EITI Standard, and the overall travel of direction is positive. Governments, companies and civil society across regions are demonstrating strong commitment to bringing transparency and accountability to the management of their natural resources and using EITI data to instigate reforms. Validation has shown that many EITI countries are going beyond the EITI Standard, with innovative disclosures related to extractives contracts, licensing and sales of the states share of oil, gas and minerals."

Ethiopia, Guinea, Malawi, Mauritania and Trinidad and Tobago achieved meaningful progress against the EITI Standard. Nigeria and Norway have achieved the highest level of transparency against the EITI Standard.


Ethiopia
The Board decided that Ethiopia has made meaningful progress in implementing the EITI Standard. The Board welcomed Ethiopias effort to report on issues of national importance such as artisanal and small-scale mining and socio-environmental issues. The Board commended ongoing reforms to shift the mandate of government agencies from control and monitoring to supporting and enabling civil society to contribute in public debate. Going forward, the EITI can play a key role in improving the relationship between companies and affected local communities.
 
Ghana
Ghana was found to have made meaningful progress and fully addressed six out of eight corrective actions. Ghanas implementation of EITI recommendations contributed to reforms that have increased the governments revenues from the sector, a priority for the government that wants to decrease its reliance on foreign aid. The country was lauded for publishing all of its mining, oil and gas contracts and making these accessible through online portals.
Guinea
Guinea, which has a rapidly developing bauxite sector and is rich in iron ore reserves, has achieved meaningful progress against the EITI Standard. The Board outlined eight corrective actions including disclosing more information on infrastructure agreements, direct subnational payments and quasi-fiscal expenditures.

Malawi
Malawi has achieved meaningful progress against the EITI Standard. The country has significant deposits of bauxite, coal, limestone, phosphate and uranium. The extractive sector is still in development, with few large-scale mining operations. To ensure terms of operations are accessible to the public, all contracts have been published. EITI implementation has provided citizens with the first comprehensive and public assessment of revenues and management of the oil, gas and mining sectors.  

Mauritania
Several large oil and gas projects are being developed in Mauritania, a leading producer of iron ore. The country has achieved meaningful progress against the EITI Standard, having made improvements in the oversight of EITI implementation by the government, industry and civil society. The Board recognised Mauritanias efforts in using EITI reporting as a diagnostic tool to drive reforms in the management of extractives licences and state participation in the mining sector.

Nigeria
Nigeria has used the EITI to reform its extractive industries and build accountability, achieving the highest level against the EITI Standard. Over 15 years of implementing the EITI, the Nigeria EITI (NEITI) has become an independent watchdog that holds stakeholders in the crucial hydrocarbons sector and more recently solid minerals sector to account. Since 2017, NEITI has disclosed key data on its allocation of licenses, on the administration of oil and gas subnational transfers and on crude sales and other processes within the Nigerian National Petroleum Corporation (NNPC).
The NEITI reports form the basis for reforms in the oil, gas and mining industry, as was laid out in President Muhammadu Buharis 2015 political campaign manifesto, said Zainab Shamsuna Ahmed, Nigeria federal minister of finance and an EITI Board member. Inspired by the EITI, the Nigerian government now conducts monthly routine reconciliations for all sectors, not just the extractives, which has increased government revenues.

Norway
Norway has supported the EITI since its inception and is a widely lauded as a success story in the management of oil wealth. It was the first OECD country to implement the EITI, publishing eight EITI Reports from 2008 to 2015. In 2017, Norway was the first country to mainstream EITI implementation. Timely, comprehensive and reliable information is published through the governments Norwegian Petroleum website and in companies country-by-country reports.

Trinidad and Tobago
Trinidad and Tobago has achieved meaningful progress against the EITI Standard and was acknowledged for having built a dynamic platform to collect, publish, and debate information about how the countrys natural resources are managed. EITI Reports have identified gaps in revenue collection, production and cost monitoring and cadastre information.

Source: EITI International Secretariat


28 2019 | View: 410 | Press Releases | Printint version
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