Civil society organisations want the federal government to ensure details of the beneficial owners of prospective bidders are included among key conditions for those interested in participating in the licensing round for the marginal oil and gas assets planned for later this year.
Rising from a one-day online workshop on “Urgent Case for Reforms in the Petroleum Industry”, the groups said publishing beneficial owners’ information would promote transparency in the process and encourage serious bidders to show interest in the bid.
The workshop held on Wednesday in Abuja was hosted by the Media Initiative on Transparency in Extractive Industries (MITEI), a non-profit group of media practitioners committed to the promotion of transparency in the extractive industries.
Rising from a one-day online workshop on “Urgent Case for Reforms in the Petroleum Industry”, the groups said publishing beneficial owners’ information would promote transparency in the process and encourage serious bidders to show interest in the bid.
The workshop held on Wednesday in Abuja was hosted by the Media Initiative on Transparency in Extractive Industries (MITEI), a non-profit group of media practitioners committed to the promotion of transparency in the extractive industries.