NEITI sets up committee on public disclosure of extractive contracts thecable.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecable.ng Daily Mail and Mail on Sunday newspapers.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has set up a Joint Inter-Agency Committee on the public disclosure of the contents of
Contract Transparency Network
THE NETWORK IS A FORUM FOR GOVERNMENTS TO PROVIDE EXPERTISE AND CHAMPION THE PUBLICATION OF CONTRACTS WITHIN EITI
Purpose
While over 30 countries are now publishing contracts, the level of disclosures vary. In some instances, only a few contracts are published on a voluntary basis without any systematic way of disclosing them. This is a reflection of the lack of firm political commitment to open up contracts.
The Contract Transparency Network was created to provide a forum for governments to share experiences, provide expertise and champion the publication of contracts within EITI. The members of the network aim to show leadership on this agenda and rally support from other governments to make contract transparency the default practice.