Uganda Joins the Extractive Industries Transparency Initiative (EITI)
On Wednesday 12th August, 2020, the Extractive Industries Transparency Initiative (EITI) International Secretariat admitted Uganda into the initiative. Uganda becomes the 54th member country and 26th African country to join the EITI.
EITI is an international initiative that requires member countries and companies to publish and reconcile data on oil, gas and mining revenues as a mechanism for ensuring transparency, accountability and subsequently proper management of revenues that accrue from those resources.
Uganda’s admission to EITI will benefit the country for it will promote accountability for the revenues from oil, gas and mining; improve revenue collection process and boost public finances; and improve investment climate by giving a clear signal to investors and international financial institutions that the government is committed to improving transparency among other benefits.
This mile stone was partly made possible by partners funded by the Democratic Governance Facility (DGF) and OXFAM through their dedicated support to the Civil Society Coalition on Oil and Gas in Uganda (CSCO) that is hosted by Advocates Coalition for Development and Environment (ACODE), Global Rights Alert (GRA) and Publish What You Pay (PWYP) among others. Working with the Ministry of Finance, Planning and Economic Development, the Ministry of Energy and Mineral Development, and the Uganda EITI Secretariat as part of the EITI Multi-stakeholder Group members, the DGF funded partners (GRA, ACODE, World Voices and the Civil Society Budget Advocacy Group) supported the process of preparing Uganda’s candidature application which was received by the EITI Secretariat on 13th July 2020.
In a joint press statement, these partners acknowledged that this milestone is in tandem with Uganda’s National Oil and Gas Policy, 2008 and the Petroleum Revenue Management Policy, 2012 which committed the government to join the EITI.
EITI Board Chair, Rt Hon. Helen Clark, welcomed Uganda to the EITI community and reassured government that EITI implementation can help lay the foundation for transparent and accountable management of the country’s natural resource wealth.
DGF’s support has contributed to improved documentation of the processes of nomination of civil society representatives to the Multi Stakeholder Group (MSG) and CSO participation in the EITI process. Four of the DGF supported partners GRA, ACODE, World Voices (WV) and the Civil Society Budget Advocacy Group (CSBAG) have been nominated to the MSG which oversees the implementation of the EITI.
To read the joint press statement on the above development, please click: Press Statement