Abuja - President Goodluck Jonathan has appealed to the Extractive Industries Transparency Initiative (EITI) to support efforts by the Federal Government to stop crude oil theft in the country.
He made the appeal following a meeting with chairperson of EITI, Claire Short, who is former United Kingdom Secretary of State for International Development.
Jonathan urged EITI to build on the success of ridding the markets of ‘blood diamonds’ from the African mines.
“The theft of crude oil from Nigeria involves the collusion of foreigners and the stolen crude is refined abroad. EITI can use its mechanisms to help us track down the thieves and those who receive the stolen crude oil,” the President said.
He observed that Africa was losing significantly through leakages in the mining and extractive industries.
Jonathan also urged Short and EITI to help in ending the exploitation of Africans and African nations by multinational companies engaged in the extraction of the continent’s immense natural resources.
He nonetheless commended EITI for its efforts to discourage exploitation and corruption in the extractive industries across the world.
- CAJ News