By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: NEITI, NBS, Agree On Data Sharing, Data Integrity
Share
Sign In
Notification Show More
Latest News
NOGALSS unveils e-learning platform for underserved communities
Civil Society Organisations Metro News
ACE project nears funding close, stakeholders push sustainability
Civil Society Organisations Metro News
Karmo Village Head urges peace and spiritual reflection during Sallah
Culture Metro News
CORBON, COREN sign agreement on strengthening enforcement of construction standards
Labour News
Chief Makama’s Sallah Message: A call for peace, unity, and spiritual reflection
Culture Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > NEITI, NBS, Agree On Data Sharing, Data Integrity
BusinessNewsOil & Gas

NEITI, NBS, Agree On Data Sharing, Data Integrity

Publisher
By Publisher Published December 4, 2023
Share
5 Min Read
SHARE

The Executive Secretary, NEITI, Dr Orji Ogbonnaya Orji and the Statistician General of the Federation, Prince Adeyemi Adeniran at the meeting recently.

– Sets up working group to develop MoU.

By Chidiebere Ugwu

- Advertisement -
Ad image

The Nigeria Extractive Industries Transparency Initiative (NEITI) and the National Bureau of Statistics (NBS) is to sign a Memorandum of Understanding (MoU) on exchange of data, data coordination, data integrity, analysis management and utilization for national development.

Mrs. Obiageli Onuorah, the Deputy Director/Head Communications & Stakeholder Management, who made this known in a statement, stated that this was the outcome of a meeting in Abuja between the Executive Secretary of NEITI, Dr Orji Ogbonnaya Orji and the Statistician General of the Federation, Prince Adeyemi Adeniran.

The MoU will define rules of engagement on data sharing and management, access and deployment and as measures to strengthen the integrity of data.

The MoU will also outline areas of mutual cooperation between NEITI and NBS on training and manpower development, improvement of information technology (IT) systems and develop frameworks to enhance operational efficiency.

The MoU will further outline modalities and frameworks for the partnership and collaboration on inter-agency partnership, managing information and data on Beneficial Ownership Disclosures which is required to mitigate tax evasion, illicit financial flows and terrorism financing, Contract Transparency- how many contracts were awarded, the standard and quality of the contracts, Gender and Environment.

“These pieces of information are required to empower citizens with the knowledge of what number of contracts have been awarded and to which company and the ownership of the companies”. Dr. Orji affirmed.

The Executive Secretary of NEITI explained that cooperation and partnership with agencies like NBS has become necessary to ensure uniformity and standards on data dissemination, originating from the two agencies especially at the sub-national levels, for use in Nigeria and to the outside world.

This meeting is to create opportunities to discuss and agree on how NEITI can support NBS with data from the extractive industries while NBS supports NEITI’s expansion of its operations to socio economic development issues arising from oil, gas and mining operations in Nigeria”. Dr Orji stated.

Dr Orji hailed the NEITI-Partnership with NBS which is coming at a time that data from NEITI’s report has been internationally acknowledged to be credible by the global Extractive Industries Transparency Initiative in its recently released report of Nigeria’s international assessment.

He stated that in the assessment, Nigeria recorded its highest score of 90 points on data integrity, comprehensiveness of report, outcomes and impacts, contribution to economic growth and adherence to legal frameworks, a pointer to the enormous and painstaking efforts undertaken in generating the information and data contained in NEITI’s industry reports.

Dr Orji commended NBS for its commitment to data quality and excellence. “NEITI and NBS have overlapping mandates and should complement each other when it comes to extractive industry data. We believe that such partnership with NBS will allow us to produce more verifiable and credible data that would inform policy and drive reforms”. Dr. Orji stated.

The Statistician General of the Federation (SG), Prince Adeyemi Adeniran affirmed that the National Bureau of Statistics works with Ministries, Departments, Agencies (MDAs) and Development partners to generate different types of data sets that are being used for economic, social and environmental development.

The Statistician General emphasised the unique nature of the two agencies based on their brand names, integrity and credibility of their work.

He cautioned that this must be protected at all cost because they are accountable to the Nigerian people.

“Our work requires us to imbibe the spirit of transparency and integrity so we cannot afford to do something we cannot defend”. Prince Adeniran explained.

He urged NEITI to generate incisive data on the Solid Minerals sector just like the agency has done in the oil and gas sector.

The SG expressed the willingness of the NBS to support and collaborate with NEITI to enthrone a regime of transparency and accountability in the nation’s extractive sector.

The meeting which took place at the NBS Secretariat was attended by members of the senior management of NEITI and NBS.

Like this:

Like Loading...

Related

You Might Also Like

NOGALSS unveils e-learning platform for underserved communities

ACE project nears funding close, stakeholders push sustainability

Karmo Village Head urges peace and spiritual reflection during Sallah

CORBON, COREN sign agreement on strengthening enforcement of construction standards

Chief Makama’s Sallah Message: A call for peace, unity, and spiritual reflection

TAGGED: Data Sharing, NBS, NEITI

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher December 4, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Abuja Breakfast Club Creates Business Arm, Highlights Achievements At 6th AGM
Next Article Niger Govt Seeks Partnership of NDDC to Tackle Climate Change
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

NOGALSS unveils e-learning platform for underserved communities
Civil Society Organisations Metro News June 6, 2025
ACE project nears funding close, stakeholders push sustainability
Civil Society Organisations Metro News June 6, 2025
Karmo Village Head urges peace and spiritual reflection during Sallah
Culture Metro News June 5, 2025
CORBON, COREN sign agreement on strengthening enforcement of construction standards
Labour News June 5, 2025

You Might also Like

Civil Society OrganisationsMetroNews

NOGALSS unveils e-learning platform for underserved communities

June 6, 2025
Civil Society OrganisationsMetroNews

ACE project nears funding close, stakeholders push sustainability

June 6, 2025
CultureMetroNews

Karmo Village Head urges peace and spiritual reflection during Sallah

June 5, 2025
LabourNews

CORBON, COREN sign agreement on strengthening enforcement of construction standards

June 5, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d