This report explores common resource governance successes and challenges in sub-Saharan Africa. The authors conclude that policymakers, parliamentarians, civil society, media and regional institutions must focus on narrowing the implementation gap between extractive sector laws and actual practice, which will help to restore trust between government, communities and investors and thus strengthen sustainable management of natural resources.
Dans la plupart des pays riches en ressources naturelles, lorsqu’une entreprise cherche à obtenir des droits d’exploration ou d’exploitation pétrolière, gazière ou minière, les règles de l’industrie exigent que les régulateurs vérifient certaines informations fondamentales avant d’octroyer une licence et le contrat s’y rattachant à l’entreprise.
Fiscal rules—permanent quantitative constraints on government finances—are an important tool to help mitigate the macroeconomic challenges associated with managing natural resource revenues. This paper sheds light on large gaps in compliance and oversight of fiscal rules, and provides policy recommendations on how fiscal rules can be further strengthened.
NRGI reviewed over 50 mining and oil laws and found that none required regulators to actually check whether applicants for extractive licenses are politically exposed persons. This briefing offers advice on how governments can strengthen their extractives licensing policies and processes to tackle basic corruption risks posed by such problematic beneficial ownership linkages.
This brief makes the case for publishing Nigerian petroleum contracts, recommends what should be included in these disclosures and suggests how the government can make these commitments a reality.
Four years after the Extractive Industries Transparency Initiative (EITI) began encouraging contract disclosure through its standard, this report assesses the extent to which governments of resource-rich countries have taken up the recommendation.