Alexander Malden, Toyin Akinniyi, Zira John Quaghe
This level of immediate national press coverage reaffirms the importance of payments to government data to citizens in resource-rich countries, and how it is increasingly informing national debates on countries’ natural resources management.
Journalists confront informal and regulatory obstacles. In many cases, private companies and the government prevent media from accessing existing sources of free information. This may take the form of lengthy response times, publicly exposing information requests and managing the approval of how information is presented publicly.
It is strange that commodities trading payments—often the largest payments companies make to government entities—are not covered by EU, Canada or Norway mandatory disclosure laws. The laws apply only to companies that physically engage in extraction of resources.
NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.