By John Ofikhenua (The Nation)
In bid to recover N2.76 billion from some solid minerals mining firms, Nigerian Extractive Industries Transparency Initiative (NEITI) is working with relevant agencies.
The watchdog organisation had said in its 2020 Solid Minerals audit report that over 2,000 firms failed to remit fund to the federation.
In a WhatsApp text message to The Nation yesterday, NEITI Executive Secretary Dr. Orji Ogbonnaya Orji insisted that Civil Society Organisations should hold the mining firms and relevant security agencies responsible for recovering the fund accountable.
recovery drive is to deploy NEITI report as a revenue generating means for the Federal Government.
“However, as part of its revenue monitoring and tracking responsibility, NEITI is working with government agencies to ensure that companies in default remit payments to government.
“This is also consistent with our new focus to use NEITI reports as tools for revenue generation while pursuing reforms built on transparency and accountability in the sector,” he said.