Tuesday, 25 July 2017

Publish What You Pay-Nigeria May 2017 Newsletter Edition with interesting facts

Publish What You Pay (PWYP)-Nigeria Extracting Accountability May 2017 Newsletter is out.  As usual, we hope that you will find it informative and useful.
 
You can also follow updates; advocacy and conversations on extractive accountability on our twitter handle @PWYPNigeria and facebook page Publish What You Pay Nigeria.



Fuel subsidy regime was a huge scam in the Nigeria oil and gas sector with the state colluding with its friends to steal from the people. It was during this time that entrenched corruption such as inflation of the subsidy figures, the rise of proxy marketers, over-invoicing and non-record keeping became common in the subsidy business. Read More 


The Nigerian House of Representatives has passed a Bill for the amendment of the Nigeria Liquefied Natural Gas (NLNG) Act.  The Bill, sponsored by Mr. Leo Ogor, the Minority Leader, will be transmitted to the Senate for concurrence. Read More 


Publish What You Pay-Nigeria (PWYP) has elected its South-East Zonal Coordinator, Miss Ogechukwu Enwelum emerged the winner in the election that took place at the South-East Annual General Meeting held at Owerri, Imo state on the 7th day of May 2017. Read More 


Over the years, corruption and lack of transparency have become major impediments to businesses and investments in Nigeria, Mr. Terence McCulley, the America ambassador in Nigeria, pointed this out at the event marking the 236th America’s independence in Abuja and urged Nigeria to address them. Read More 


In an effort to improve openness and transparency in the budgeting process, the Federal Government of Nigeria has issued Executive Order directing all Agencies, whether or not listed in the Fiscal Responsibility Act, to prepare and submit their budgets and revenue to the Minister of Finance and the Minister of Budget and National Planning before the end of May every year for the next three financial years. Read More 

The Executive Orders signed by the Mr. Yemi Osibanjo, the Acting President is a great tool for achieving Open Government Partnership (OGP) the government signed on to. The Order on the Promotion of Transparency and Efficiency in the Business Environment covers some vital local and international instruments that are essential towards the promotion of business competitiveness in Nigeria and the overall effort of the government towards entrenching transparency and accountability in governance. Read More  

FASD A Great Tool For Tracking Accountability In The Natural Resource Revenue

Miss Faith Nwadishi, Executive Director, Koyenum Immalah, former National Coordinator Publish What You Pay-Nigeria (PWYP) and currently CSO Representative at the Extractive Industries Transparency Initiative (EITI) International Board, affirms that the Allocation and Statutory Disbursement FASD is a tool designed to ensure greater accountability in the extractive sector by helping citizens and CSOs track expenditures from the oil, gas, and solid minerals revenue.
In this interview with Mr. Audu Liberty Oseni, the editor “Extracting Accountability” she speaks on the importance of FASD. Extract:

No comments:

Post a Comment