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NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE-

REQUEST FOR EXPRESSIONS OF INTEREST FOR AUDIT SERVICES

NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE
REQUEST FOR EXPRESSIONS OF INTEREST
(CONSULTING SERVICES – FIRMS SELECTION)
LOT 1. OIL AND GAS INDUSTRY AUDIT 2020
LOT 2. SOLID MINERALS INDUSTRY AUDIT 2020

1.0 BACKGROUND
The Nigeria Extractive Industries Transparency Initiative (NEITI) is mandated by law to promote transparency and accountability in the management of Nigeria’s oil, gas and mining revenues, NEITI is the national version of the Extractive Industries Transparency Initiative (EITI), which is a global movement aimed at ensuring that extractive resources aid sustainable development.

Pursuant to the above, NEITI intends to apply part of the funds approved under the 2020 Appropriation for the procurement of Consultants/Auditors for the continuation of its annual audits covering Financial, Physical and Process aspects of the Oil & Gas and Solid Minerals Industry.

LOT 1. OIL AND GAS INDUSTRY AUDIT 2020

SCOPE OF SERVICES
The scope of the services includes the following:
(a) Report payments by companies and receipts by relevant government agencies duly reconciled in accordance with the NEITI requirements.
(b) Report on the quantities of hydrocarbons (oil & gas and refined products, including condensates where appropriate) produced, exported and imported.
(c) Validate all payments by companies and government agencies to determine accuracy and completeness and report all underpayments and balances payable to the Federation.
(d) Review the policies and procedures of collection, custody and management of funds and make recommendations that will enhance the efficiency and transparency of the sector.
(e) Reporting will be under the New EITI Standard of 2019.

LOT 2. SOLID MINERALS INDUSTRY AUDIT 2020

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