Nigeria Extractive Industries Transparency Initiative (NEITI)

The Nigeria Extractive Industries Transparency Initiative (NEITI) is a national effort that promotes openness and accountability in Nigeria's oil, gas, and mineral sectors. It requires companies and government agencies to disclose financial information about their operations, revenues, and payments. By doing so, NEITI helps ensure that resources are managed transparently, reduces corruption, and enhances the country's development. Essentially, it acts as a watchdog to make sure that Nigeria benefits fairly from its natural resources and that public money is accounted for properly.