PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE  PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the country, President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). This is also to further ensure effective oversight of the gas aspect of the nation's assets. The President remains committed to unlocking Nigeria's immense gas potential to stimulate industrial development, job creation, and sustainable economic growth. Chief Ajuri Ngelale Special Adviser to the President (Media & Publicity) May 9, 2024
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AU CONFERENCE TASK EITI ON GLENCORE'S BRIBERY SCANDAL IN NIGERIA, 5 OTHERS.(PHOTO).#PRESS RELEASE.

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AU Conference Tasks EITI on Glencore’s Bribery Scandal in Nigeria, 5 Others

The Conference on Addressing Illicit Financial Flows and Asset Recovery in the Extractive Industries has tasked the Extractive Industries Transparency Initiative (EITI) on the bribery scandal by Glencore in Nigeria and five other African countries.

The Conference, in a communique released on Tuesday at the end of its two-day session in Diamniadio, Dakar, Senegal, asked EITI to publicly call out Glencore for its failure to adhere to the group’s principles and values over its bribery scandal in Nigeria, Cameroon, South Sudan, Cote d’Ivoire, Equatorial Guinea and the Democratic Republic of Congo.

The Conference convened by the Secretariat of the African Union High Level Panel on Illicit Financial Flows and the Working Group on Common Africa Position on Asset Recovery (CAPAR) held parallel to the 2023 Global Conference of the Extractive Industries Transparency Initiative (EITI) on 13th and 14th June 2023 in Dakar, Senegal. The Global EITI Conference is the first ever conference to be held in Africa in spite of African countries being the majority of its fifty-seven member countries which meet every three years.



 

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