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Nigeria Extractive Industries Transparency Initiative (Neiti) Act, 2007

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SECTION:
NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (NEITI) ACT, 2007
ARRANGEMENT OF SECTIONS
Establishment of the Nigeria Extractive Industries Transparency Initiative.
Objectives of the Nigeria Extractive Industries Transparency Initiative.
Functions of the Nigeria Extractive Industries Transparency Initiative.
Appointment ofIndependent Auditors and Publication of Report. Establishment of the National Stakeholders Working Group. Composition of the National Stakeholders Working Group. Tenure of office of National Stakeholders Working Group. Payment of allowances to the National Stakeholders Working Group. Meetings of the National Stakeholders Working Group. Procedure. Special Committees. Appointment of Executive Secretary, consultants and other Staff of
the National Stakeholders Working Group. 13. Financial provisions. 14. .."f.l!dited account. ,15. ':"'"Bank account. 16,'" Offences and penalties, . 17. Regulations. 20. Service of notices "and process. 21. Interpretation. 22, Citation.
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4. 5. 6. 7. 8. 9. 10. 11. 12.

A 1111
T i"; - ·-,[L,/, ''';f 2,-:..'{ -"! ensure that all fiscal allocations and statutory disbursements due fr6m the Federal Government to statutory recipients are duly made.
. 4.-0rihe NEITI shall in~~:.&lymillSiqn Qtl~atxti~~ ~'ttie'Na6rinahldBemblypoblil6tmy comment made or action taken by the Govemment_~8lIlIrfit~;,
19.'1
. n·,
&daNisI".,. of tile National Stakeholders Workshop Group.
Composition of tile Ngwa
Allt6 1007 No. 36 Nigeria Extractive Indl:LYtrit?S Tro1l8parew:y lnit!ative Act
Tenure of office of NSWG
Payment of the allowances to the NSWG
Meetings of the NSWG
Quorwn.
Special committees.
, (;,) ~tative of Civil ~ociety. , ." (iii) ~tive of Labour l]pions}n the extractive.industries, (iv)cxperts in the extractive industry" and .r
(v) one member from each of the',Six goopolitidrl zones;
(b) the Cb8UmaD and other membetsbtN$WG other than tile Executive S~ shalt'selv:e on.part-tinie ~3si~..' " , ., ,':'
/'
(3) The appointment of Executive Secretary shall be for 5 years and'no more..
7. Aperson appeinted as a member of the NSWG'shall hold offieti for 4 years and no"more. .'
8~The members of tlJ.eN~W'Gas well as any person appointed to any of its Special committees under section 2 m~ be paid such allowances out of the funds of the NEm as the National Revenue Mobilization and Fiscal
, " ~ssiOnmay approve.
9.-(1) TheNSWG shall ordinarily meet quarterly for the dispatch of b~Qtess at sucbtimesand plaees, as it ntilydetennine. but-not-less than four times .ina year.
(2) At every meetirig of tile NSWQ,tbe Chairman shall preside and in his absence, a: member,ofthe NSWGappointOO,by!themember&from among themselves shall preside. . . , .\i
(3) Questions proposed at a meeting of, NSWG shall be determined by a simple majority of members;present and voting and inthee*rtt'of an equality of votes, the person presiding ~haUhave a casting vote.
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(4l~Ns~G1DaYat',apy~~! co~p~J~>:,pers