View stunning SlideShares in full-screen with the new iOS app!Introducing SlideShare for AndroidExplore all your favorite topics in the SlideShare appGet the SlideShare app to Save for Later — even offline
View stunning SlideShares in full-screen with the new Android app!View stunning SlideShares in full-screen with the new iOS app!
Africa's Oil DreamsTHURSDAY, MAY. 31, 2007 By ALEX PERRYPetrol sellers in Lagos, Nigeria. www.eitransparency.org
Governance failure Pressure/attention Investigative reporting Code/standard Implementation Facilitation Quality assurance Business case for action Negotiation www.eiti.org
There is hope Oct 9th 2008 From The Economist print edition Another promising new mechanism is the Extractive Industries Transparency Initiative, a voluntary code that a score of African countries have adopted, with governments and foreign firms accounting openly for their dealings..."
Companies Disclose Payments Government Discloses Receipt of Payments Government Spending Independent Verification of Tax & Royalty Payments Award of licenses & contracts Regulation & monitoring of operations Revenue Distribution & Management Implementation of Sustainable Development olicies How the EITI works Oversight by aMulti-Stakeholder Group The EITI provides a Forum for dialogue and a Platform for broader reforms
Ellen Johnson SirleafPresident of Liberia “The Liberia EITI is one of the institutional pillars of integrity anchoring and sustaining the reform agenda of Liberia.” “By promoting better management and use of public resources and discouraging corruption, LEITI … is critical to poverty reduction and social development in Liberia.” July 2009, when signing the new LEITI law
The EITI has been politically endorsed by many Governments and in many forums