The International Publish What You Pay Coalition (PWYP)1 and its partner organizations in São Tomé and Principe and Nigeria are extremely concerned about serious flaws revealed by a report into the 2005 bidding round for oil blocks in the Joint Development Zone (JDZ).
Africa is fast becoming a key supplier of oil to the United States. In a decade, nearly a quarter of all oil supplies will come from the region. As this report argues, despite this “oil boom” ordinary Africans will see no improvements to their lives so long as revenues continue to flow into governments lacking in transparency and accountability. This report addresses two key questions: How can Africa’s oil boom contribute to relieving poverty? What policy changes should be implemented to promote the management and allocation of oil revenues in a way that will benefit ordinary Africans?
Declaration of the PWYP Nigerian coalition at the campaign launch event in Port Harcourt.
The Commission for Africa should endorse the Extractive Industries Transparency Initiative (EITI) and the Publish What You Pay as approaches for tackling the problems associated with the extractive industries in Nigeria
Presentation by David Ugolor, President of African Network for Environmental and Economic Justice, on the occassion of the EU Multi-stakeholder Forum on Corporate Social Responsibility’s Roundtable on the “Development aspect of CSR”, Brussels, Belgium.
The African Network for Environmental and Economic Justice (ANEEJ) welcomes the UK and G8 government’s commitment to support a global solution to address the problem of a lack of transparency in the extractive industries sector.
Op-ed by Director of Global Witness, Simon Taylor.
While oil, gas and minerals are by far the largest sources of state revenue for the world’s poorest nations, these resources, which should help fund development and sustainable economic growth, all too often turn out to be a curse, leading to increased poverty, child malnutrition and civil conflict.