Work

Transparency and public accountability: Does the Nigerian extractive industries transparency initiative deliver?

Year: 2024

Type: article

Abstract: The extractive industries play a pivotal role in Nigeria's economy, yet it has been riddled with allegations of corrupt practices involving revenue transfers from operations to the government. To increase transparency and ensure public engagement, the Nigerian Extractive Industries Transparency Initiative (NEITI) introduced the National Stakeholder Working Group (NSWG) as a mechanism to ensure public accountability and civil society organisations (CSOs) as the public interlocuter. To navigate this complex arrangement and critically evaluate its effectiveness, we adopt Boven's (2007) understanding of public accountability. We conclude that while NSWG provides oversight, the NEITI reporting process provides transparency, and the CSOs enable public accountability, these objectives are constrained by a challenging social and regulatory environment.

Source: The Extractive Industries and Society

DOI: 10.1016/j.exis.2024.101514

Authors: Walid El Hamad, Sanja Pupovac, Lee Moerman

Institution: University of Wollongong

Language: English

Topic: Natural Resources and Economic Development

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

Estimated APC paid: $3,740