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    Reuters: New Nigerian Leaders to Meet Anti-Corruption Watchdog Head

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Summary

Global corruption watchdog the Extractive Industries Transparency Initiative (EITI) is expected to meet Nigeria's president or vice president this week

by: Erica Mills

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Press Notes, Africa

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Reuters: New Nigerian Leaders to Meet Anti-Corruption Watchdog Head

Nigeria's new leaders will meet the head of a leading global watchdog on corruption to see how billions of dollars in oil revenue leakage can be curbed.

The head of Oslo-based the Extractive Industries Transparency Initiative (EITI) is expected to meet Nigeria's president or vice president this week, its local arm said on Monday.

Stamping out corruption was one of the main pledges of new President Muhammadu Buhari's campaign.

Clare Short, the head of EITI, has come to see how its recommendations can be implemented and help with long-term reforms. The initiative sets global standards for openness in the natural resources industries.

The executive secretary of EITI's Nigerian arm (NEITI) said last week that over $7.5 billion between 1999-2011 still needed to be recovered from oil and gas companies in Nigeria.

Read the full article HERE.

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