Extractive

‘PIGB will enhance fiscal efficiency in the oil and gas sector’ – Group

By Kate Onyeka

A group of civil society organisations advancing transparency and accountability in the extractive sector has said the existing Petroleum Industry and Governance Bill (PIGB) before President Muhammadu Buhari would enhance fiscal efficiency and streamline operations in the oil and gas sector, if eventually transmitted into law.

The group, led by Civil Society Legislative Advocacy Centre (CISLAC) with support from FOSTER, gave this hint during advocacy visits to media outfits in Abuja.

Speaking during the visits, the Programme Manager on Environment and Conservation of Nature, CISLAC, Kolawole Banwo, recalled that the Bill was passed by both chambers of the National Assembly on March 28, 2018 and transmitted for assent by the President on July 3, 2018.

According to Mr Banwo, the Bill offers sweeping reforms in the oil and gas industry to make for increased fiscal benefits and streamlined operations in line with best global practices.

He said in order to enable the desired reform in conformity to […]

Simplifying extractive information for all

By Kate Onyeka

As part of the efforts to ensure well-informed and empowered citizens on issues affecting the extractive sector, the Civil Society Legislative Advocacy Centre (CISLAC) with support from United States Agency for International Development (USAID) has published in a simplified form, extractive information kit covering the operations, revenue collection mechanisms, enforcement and regulatory regimes of the sector.

The 52-page information kit titled ‘Extractive 101—A Basic and Comprehensive Companion’ through seven different modules provide essentially fundamental guides to equip voices and interest groups with critical information in pushing and demanding appropriate reforms by government and other players in the extractive sector.

While the ongoing reforms by the present administration in the extractor sector requires constant engagements by all stakeholders, the tool kit aims at deepen capacity of the citizens to effectively engage natural resources governance at all levels for sustainable development.

The publication provides a detailed introduction into the structure of oil […]

Nigeria: Report exposes monumental revenue loss to ill-managed oil and gas sector

 By Abubakar Jimoh

Poor management of expectation by the government coupled with weak oversight capacity of the Legislative Committees and other agencies have been identified as contributory setbacks to the management of natural resources wealth for the benefit of current and future generations.

These disclosures are contained in a published 233-page study entitled ‘2017 Benchmarking Exercise Report’ of the Nigeria Natural Resource Charter in collaboration with Civil Society Legislative Advocacy Centre (CISLAC), Centre for Public Policy Alternatives (CPPA), Centre for Study of the Economies of Africa (CSEA), Centre for Social Justice (CSJ) and Social Action (SA).

The Report, through 12 broad principles, evaluates the existing effort and capacity by the government in the management of natural resources wealth for the benefit of current and future generations; and bemoans the unfavourable oil and gas fiscal regimes to Nigeria regardless of complexity of the agencies administering taxes in the sector.

It observes total weakness in […]

Press Statement: Reforms in the Extractive Sector, Slow and Not Deep Enough

REFORMS IN THE EXTRACTIVE SECTOR, SLOW AND NOT DEEP ENOUGH

The Civil Society Legislative Advocacy Centre (CISLAC) having observed the state of affairs in the extractive sector in the past four months wish to state that the reforms initiated by the present administration have been slow and are not deep enough.

We note the high expectations heralded by the anti-corruption stance of the government and numerous promises made during the electoral campaigns. These include the commitment to addressing corruption in the oil and gas sector through drastic reforms, plugging of leakages, passing of the Petroleum Industry Bill into law and implementing recommendations from the Nigeria Extractive Industries Transparency Initiative (NEITI) audit reports.

CISLAC recalls that many of these commitments were also conveyed as recommendations in a memo CISLAC and her partners had submitted to the Minister of State for Petroleum who was then GMD of the Nigerian National Petroleum Corporation (NNPC) in the early stages of this […]