The Federal Government of Nigeria is optimistic about meeting the requirements for the 2026 Extractive Industries Transparency Initiative (EITI) validation. Officials stated that recent improvements in governance and accountability have set the stage for a positive result.
Senator George Akume, Secretary to the Government of the Federation and head of the National Stakeholders Working Group, addressed a strategic retreat in Abuja to discuss the process. He emphasized that the government views this evaluation as a vital tool for boosting investor interest and public trust in the nation’s mineral and petroleum sectors.
The validation process, which began on July 1, will involve an international assessment team visiting the country in August. Akume highlighted that the government remains focused on embedding transparency throughout its institutions, noting that the 2023 EITI standards align with current national reform objectives regarding anti-corruption and contract disclosure.
NEITI Executive Secretary, Musa Adar, added that the agency has evolved from simple data reporting toward creating meaningful, measurable impacts. He noted that the initiative has spent two decades building its reputation through independent audits of the mining, oil, and gas industries.
