On the — of November 2019, We the People held a dialogue session in Port Harcourt, Rivers state to present and validate findings from its 2019 Natural Resource Benchmarking Exercise. The benchmarking exercise assess Nigeria’s performance against 12 Natural Resource Charter (NRC) precepts with a view to identifying lapses in the extractive governance decision making process. The Charter is a set of principles for governments and societies on how best to harness the opportunities created by extractive resources for development. It provides certain minimum standards and frameworks which are recommended for implementation to provides maximum benefits from natural resources.
We the People researched Precepts 5 which examines the systems in place for ensuring that resource affected communities benefit maximally from natural resources and the negatives effects are mitigated; and Precept 11 which studies the extent which oil companies operate in line with standards that ensure the protection of the environment, participation of affected communities and transfer of benefits.
Speaking at the validation session, Executive Director of We the People, Ken Henshaw stated that there has not been significant improvement in both precepts since 2012 when the first version of the benchmarking exercise was carried out. According to him, “Nigeria still falls way below the recommended standards of natural resource governance. In fact, in some respect, there have been some significant roll backs. For instance, the refusal of the President to sign the Petroleum Industry Governance Bill has further complicated the quest to ensure that the sector is governed properly. Similarly, the continued delay in the passage of the host communities’ component of the same Bill is making it impossible for communities to have greater stake in the management of oil resources”
The meeting brought together experts and stakeholders in the oil and gas sector in Nigeria including community groups, oil sector workers, media practitioners, civil society organizations, trade unionists, environmental groups, legal practitioners, etc.
Full findings of the 2019 Natural Resource Benchmarking Exercise will be launched in early 2020.
whoah this blog is fantastic i love reading your articles. Keep up the good work! You know, many people are hunting around for this information, you can aid them greatly.
Please let me know if you’re looking for a writer for your site. You have some really great posts and I believe I would be a good asset. If you ever want to take some of the load off, I’d love to write some material for your blog in exchange for a link back to mine. Please send me an email if interested. Thank you!
You should be a part of a contest for one of the
highest quality websites on the net. I’m
going to recommend this blog!
Look at my website: coupon
Today, I went to the beach with my kids. I found a sea shell and
gave it to my 4 year old daughter and said
“You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed.
There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is totally off topic but I had to tell someone!