NATIONAL News

NEITI To Unveil Multi-Million Data Centre

Written by Basirat Memudu

The Nigeria Extractive Industry Transparency Initiative (NEITI), is set to unveil the first multi-million Naira NEITI Data Centre, a fully automated state of the art Centre, reputed to be the first of its kind among the 57 EITI-implementing countries.

A statement by NEITI said the data Centre was conceived by the immediate past National Stakeholders Working Group (NSWG), also known as the NEITI Board, while the incumbent, the NEITI administration sustained work on the project.

The Data Centre completion is in line with implementation of the projects to institutionalize EITI in Nigeria under NEITI’s five-year Strategic Plan.

Benefits

The Centre will serve as a one-stop shop for information and data on Nigeria’s extractive sector (consisting oil, gas and solid minerals), and as a reservoir for all information and data published in the various NEITI Annual Industry Reports since the first edition in 2004 till date.

Also, the Centre will serve as a warehouse for all extractive industry data in aggregated and disaggregated formats for easy public access by multi-stakeholders, especially the civil society, the media, extractive industry companies, government agencies and the legislature.

Besides, the Centre will also provide data information analysis, training and manpower development in data science education deployment and utilisation required to sustain a robust public knowledge and understanding of Nigeria’s extractive industry.

The conception of the Centre, which aligns with Nigeria’s commitments to fully comply with the Open Data policy requirements under the EITI 2023 Standards, will provide backbone support for NEITI/EITI Systematic Disclosure programme, which is fast becoming the future of EITI Industry globally.

The Data Center was also conceived to enhance easy access to reliable data, ensure data security, management as well as enhance dissemination engagements with the country’s extractive industry.

RN