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Article

5 Jul 2010

Author:
Bonn International Center for Conversion (BICC)

BICC: Occasional Paper V “Potential and reality of NEITI”

Peace in the Niger Delta, following the implementation of the amnesty for militants in October 2009, is very fragile. This period of fragile peace is the right time to consider how some of the problems surrounding oil extraction in the Niger Delta can be addressed…As the international Extractive Industries Transparency Initiative (EITI) is purported by many as a means to overcome such a resource curse, this Paper investigates the extent…the Nigeria Extractive Industries Transparency Initiative (NEITI) can mitigate the resource curse in the Niger Delta...NEITI does not seem able to generally improve government and oil company accountability as it is dependent on other Nigerian political and judicial institutions to have an impact...[O]ther political forces...are the agents of change.