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Article

26 Jul 2013

Author:
Byaruhanga Chris, in New Vision (Uganda)

Nigeria’s story should encourage Uganda to join EITI

...Nigeria’s President Goodluck Jonathan ordered Nigerian revenue collection agencies to recover $9.6b in underpaid or unpaid taxes and royalties from oil companies...following an audit of the country’s oil and gas sector stretching over the last 10 years...This loss was discovered and reported following an audit by the Nigerian arm of the Extractive Industries Transparency Initiative (NEITI)...It is clear that EITI has enabled Nigeria to make some steps towards the much-needed transparency in the country’s oil and gas sector, and it is based on case studies like these, that transparency activists in Uganda want the country to join EITI...[W]ith the home governments of...international oil companies pushing for greater transparency in their dealings with host governments, the over-used ‘confidentiality’ clause argument that the Uganda government normally puts forward will get weaker and weaker. [refers to Shell, Chevron, ExxonMobil, Eni,Total, Nigerian National Petroleum Corporation & Tullow Oil]