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Nigerian transparency initiative fizzles out

NIGERIA's Extractive Industries Transparency Initiative (NEITI) was once touted as a programme that would play a crucial role in eliminating corruption and clean up murky dealings in the country's energy industry. Instead, a new study finds, it has proved largely ineffective on both counts. NEITI was one of the flagship programmes of the international EITI, so its failure could be regarded as a blow for the initiative in general, although Nigeria poses its own unique set of circumstances. The report, published by think tank Chatham House, called Nigeria's Extractive Industries Transparency Initiative: Just a Glorious Audit? does highlight what it calls the "shining success" of audit report

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