NEITI and OrderPaper Launch Rembinar Dialogue Series on Tax Reforms

The Nigeria Extractive Industries Transparency Initiative (NEITI) and OrderPaper are launching the Rembinar dialogue series, focusing on Nigeria’s tax reforms and their impact on the extractive sector. This initiative aims to promote transparency and accountability in natural resource governance. The inaugural episode will feature prominent speakers and discussions on the implications of tax bills.

The Nigeria Extractive Industries Transparency Initiative (NEITI), alongside OrderPaper, is set to introduce the Rembinar dialogue series. This virtual platform is designed for comprehensive discussions focusing on transparency, accountability, and governance regarding natural resources, as stated by NEITI.

The Rembinar series will specifically address the tax reforms implemented by President Bola Tinubu’s administration and their subsequent impact on the extractive sector. Orji Ogbonnaya Orji, NEITI’s executive secretary, remarked that this initiative occurs at a pivotal point in Nigeria’s governance, amid extensive tax and fiscal reforms.

Mr. Orji further noted that NEITI aims to engage various stakeholders through this initiative to advance transparency and accountability within Nigeria’s resource governance frameworks. Oke Epia, the executive director of OrderPaper, urged all stakeholders involved in public financial management to participate actively in this venture, reinforcing that OrderPaper has consistently led reform efforts and stakeholder engagement in governance related to resources.

The inaugural episode titled ‘Tax Bills and the Implications for NEITI Audits’ is scheduled for March. This event will feature esteemed speakers, including Orji Ogbonnaya Orji himself and Mike Uzoigwe, a prominent expert in natural resource governance.

In summary, the Rembinar dialogue series initiated by NEITI and OrderPaper seeks to foster discussions surrounding tax reforms and their effects on Nigeria’s extractive sector. The initiative contains a critical focus on enhancing transparency and accountability in resource governance. The first installment will take place in March, featuring notable discussions on tax implications for NEITI audits.

Original Source: businessday.ng