Africa Business Radio

The federal government will next month make public the real owners of oil, gas and mining assets in the country through a National Beneficial Ownership register. The data to be jointly launched by the Nigeria Extractive Industries Transparency Initiative and the Corporate Affairs Commission is expected to further push the country’s preparedness to shine the light on the opacity in the extractive industry. A statement by the Deputy Director/Head Communications and Advocacy of the initiative, Obiageli Onuorah, noted that when ready, the register would be merged with the CAC register of companies in the country.