This commitment received first place in the 2021 OGP Impact Awards for the Africa and the Middle East region.
Last updated:
August 16, 2022
Nigeria / December 15, 2021
Opacity in Nigeria’s extractives sector has decimated communities, destroyed lives and led to the rise of militancy in oil producing regions. The Companies and Allied Matters Act (CAMA) was passed in 2020 – making it mandatory to disclose persons with significant control of companies in a register of beneficial owners to enhance corporate accountability and transparency. It will enable public authorities to track the proceeds of corruption and redirect the resources for national benefit.
This commitment received first place in the 2021 OGP Impact Awards for the Africa and the Middle East region.
Nigeria has been a member of OGP since 2016.