NEITI Pledges Oversight on Mineral Revenue Utilization

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– Nigeria’s Mineral Revenue Accountability

– NEITI Extractive Sector Monitoring

– Sustainable Mineral Wealth Utilization

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reaffirmed its commitment to ensuring the efficient use of revenues generated from the country’s mineral resources. This assurance aligns with efforts to promote transparency, accountability, and sustainable resource management in the extractive sector.

NEITI emphasized the need for effective revenue tracking to prevent mismanagement and corruption, ensuring that funds derived from mineral resources contribute to national development.

The initiative also plans to collaborate with relevant stakeholders to strengthen governance in the sector and improve the distribution of mineral wealth to benefit all Nigerians.

By intensifying monitoring mechanisms, NEITI aims to support Nigeria’s drive toward economic diversification and responsible resource utilization, fostering growth and development across various industries.

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