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NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (NEITI)

– REQUEST FOR EXPRESSION OF INTEREST CONDUCT OF FISCAL ALLOCATION AND STATUTORY DISBURSEMENT AUDIT 2017 TO 2019

THE NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (NEITI)
REQUEST FOR EXPRESSION OF INTEREST CONDUCT OF FISCAL
ALLOCATION AND STATUTORY DISBURSEMENT AUDIT 2017 TO 2019

1. BACKGROUND
The Nigeria Extractive Industries Transparency Initiative (NEITI) under the NEITI Act 2007 is responsible for the development of a framework for transparency and accountability in the reporting and disclosure by all extractive industry companies of revenue due to or paid to Federal Government. Under section 2 (of the Act it is also charged with ensuring the transparency and accountability by government in the application of resources from payments received from extractive industry companies. Furthermore, under section 3 (j), the NEITI is empowered to ensure that all fiscal allocations and statutory disbursements from the Federal Government to statutory recipients are duly made.

Pursuant to the above, NEITI intends to apply part of the proceeds allocated to it by the Federal Government of Nigeria for the selection of Auditor/Consultant to conduct the Fiscal Allocation & Statutory Disbursement audit for the period 2017 to 2019.

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