The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) today (July 24, 2013) launched a new campaign titled "Publish What You Pump" which campaign aims to fill the gap in the present Publish What You Pay and the Nigeria Extractive Industries Transparency Initiative (NEITI) processes. At an event in Port Harcourt graced by representatives of civil society groups, community-based organizations and the media, ERA/FoEN said that although the NEITI processes have been ongoing for nearly 12 years, it has largely failed to sanitize the Nigerian petroleum sector or reduced the level of corruption as Nigeria loses nearly 500,000 barrels of crude oil per day, costing the nation nearly $8 billion dollars per year. The initiative will require that institutions such as the Department of Petroleum Resources (DPR) set up appropriate guidelines for measuring oil and gas production as well as have the necessary tools to carry out their oversight functions...
Posted on: Wed, 24 Jul 2013 11:21:35 +0000
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