Monday, September 24, 2018
You are here: Home » News » EITI Compliance Is Not Transparency – Coordinator Bookmark This Page

EITI Compliance Is Not Transparency – Coordinator 

By Marriane Tabi Enow

CameroonPostline.com — The National Coordinator of Extractive Industry Transparency Initiative, EITI, Cameroon, Solange Agnes Ondigui, has said gaining EITI complaint status does not necessarily mean the country’s natural resources are managed in a fully transparent manner.
 

To her, EITI compliance also means that a country has the basic and functioning process to ensure regular disclosure revenues accruing from the exploitation of natural resources. She made the statement recently during a workshop to train youths on EITI norms, in order to enable their understanding of EITI reports so that they can in turn assist in educating the general public on what the EITI is and why it is important.
 

While commending the youths as well as other stakeholders for Cameroon’s complaint country status; which acts as a lead to a process of reform that brings real benefits to the people of Cameroon, the coordinator said Cameroon attained the status due to sustained efforts, commitments and leadership which needs to be maintained in a bid to uphold the EITI standards. “As an EITI complaint country, Cameroon is expected to maintain this status by meeting all the requirements in the recently revised EITI Standard,” she said.
 

The revised EITI Standard states among other things, that to maintain its compliant status, Cameroon has to produce EITI reports annually in accordance with EITI requirements, ensure the publication of the 2012 EITI report by December 31, 2014 in accordance with the EITI Standard, ensure that it is revalidated within three years and publish annual reports on the previous year’s activities.
 

According to the EITI National Coordinator, training youths, government officials and other stakeholders about EITI norms is essential for success of the initiative since sufficient understanding of the EITI is important in maintaining EITI standards of transparency.

First published in The Post print edition no 01503

    Add a Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    *


    *