• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
EITI

EITI lifts suspension placed on Liberia

March 27, 2020
Health and Safety in African Mining

Health and Safety in African Mining

June 9, 2023
Shareholders Plan Legal Action Against Mining Company For Unethical Chrome Sale

Shareholders Plan Legal Action Against Mining Company For Unethical Chrome Sale

April 29, 2023
advertisement
ADVERTISEMENT
B.E.D. Cape Town Branch: Consistency, Customer Service and Teamwork

B.E.D. Cape Town Branch: Consistency, Customer Service and Teamwork

April 29, 2023
Armcoil and Schneider Electric Partner to Deliver SKID Substations to Prominent Mining Group

Armcoil and Schneider Electric Partner to Deliver SKID Substations to Prominent Mining Group

April 29, 2023
Zest WEG’s Expanded Middelburg Branch – Improving Services and Delivery for Customers

Zest WEG’s Expanded Middelburg Branch – Improving Services and Delivery for Customers

April 29, 2023
Clear Gear™ Lubricant Sets a New Benchmark for Reliability in Mining

Clear Gear™ Lubricant Sets a New Benchmark for Reliability in Mining

April 30, 2023
The Agreement to Sell Three of Sappi’s European Graphic Paper Mills to the Aurelius Group Lapses

The Agreement to Sell Three of Sappi’s European Graphic Paper Mills to the Aurelius Group Lapses

April 29, 2023
One Platform to Rule All: Guanajuato Silver Selects Micromine

One Platform to Rule All: Guanajuato Silver Selects Micromine

April 29, 2023
Unlocking Value From Data To Drive Better Business Results

Unlocking Value From Data To Drive Better Business Results

June 6, 2023
Global Energy Leaders Named in Africa Oil Week Advisory Committee

Global Energy Leaders Named in Africa Oil Week Advisory Committee

April 29, 2023
Sappi’s Platinum Sustainability Status Is Once Again Verified by EcoVadis

Sappi’s Platinum Sustainability Status Is Once Again Verified by EcoVadis

April 25, 2023
Rosond Appoints Geotechnical Project Coordinator

Rosond Appoints Geotechnical Project Coordinator

April 25, 2023
  • African Mining Brief
  • Magazine Archive
  • Contacts
Saturday, June 10, 2023
African Mining Brief
No Result
View All Result
  • Login
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive
MAGAZINE ARCHIVE
ADVERTISE
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive
No Result
View All Result
African Mining Brief
No Result
View All Result
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive
Home Liberia

EITI lifts suspension placed on Liberia

by Dennis Ayemba
March 27, 2020
in Liberia, News
0
EITI
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Extractive Industry Transparency Initiative EITI has announced the lifting of the temporary suspension on Liberia by the EITI Board. The EITI Board suspended Liberia in September 2018 due to its failure to publish EITI Reports for 2016/17 & 2017/18, 2019 Annual Work Plan, and 2017/18 Annual Progress Report. The Board reiterated its decision in mid-2019 due to delays in publication of the 2017/18 EITI Report, 2017/18 Annual Progress Report, and 2019 Annual Work Plan.

In September 2019, recruited a Technical Consultant and appointed an Officer-In-Charge to support the MSG complete all outstanding reports by 31 December to avoid the country from being delisted, and subsequently the lifting of Liberia’s suspension.

Following approval of a no-objection request from the PPCC, the MSG appointed BDO (formerly Moore Stephens, LLC UK in collaboration with Parker and Associates Liberia) as Independent Administrator to write the EITI 2016/17 and 2017/18 reports for Liberia. Swiftly, the Government of Liberia provided emergency funding in the amount US $272,000 to fund critical EITI implementation and operational issues.  Additionally, funding in the amount of US$106,000 for the report was exclusively provided by the UK Department of International Development, through its local implementing partner MFGAP.

On 31 December, the MSG approved and launched the 2016/17 and 2017/18 EITI reports for Liberia, 2019/2020 Annual Work Plan, and the 2017/2018 Annual Activity in time to meet EITI reporting deadlines to avoid delisting.

Read: Research Scientist Finds Solution to Extracting Mercury From Contaminated Water Bodies

The government’s commitment to the EITI process

In its full decision statement, the EITI Board alluded to the significant strives and gains made by the Liberian Government and stakeholders noting that within a short timeframe, the Government of Liberia has demonstrated its full commitment to the EITI process, which has led to the restoration of the credibility of Liberia EITI. This is evident from government funding allocated to the process, the publication of the 2016/17 and 2017/18 EITI Reports, the development of a 2019/2020 work plan, and the preparation of the 2017/2018 Annual Progress Report.

The board was however quick to remind everyone that the lifting of the suspension comes with a huge task as Liberia’s Second Validation is now slated for July 1, 2020, just four months away; hence the MSG must reinvigorate itself for this task and all others. It further appealled the President to continue his unflinching support to the full implementation of the EITI process in Liberia as the Country continues to make strides of historical significance to the global community.

Tags: BDOEITIMFGAPPPCC
Share197Tweet123
Dennis Ayemba

Dennis Ayemba

Jan - March 2023 Magazine

Health and Safety in African Mining

Health and Safety in African Mining

June 9, 2023
Shareholders Plan Legal Action Against Mining Company For Unethical Chrome Sale

Shareholders Plan Legal Action Against Mining Company For Unethical Chrome Sale

April 29, 2023
B.E.D. Cape Town Branch: Consistency, Customer Service and Teamwork

B.E.D. Cape Town Branch: Consistency, Customer Service and Teamwork

April 29, 2023

Trending News

  • Business Maverick Zunaid Moti Announces Departure from Moti Group

    Business Maverick Zunaid Moti Announces Departure from Moti Group

    1056 shares
    Share 422 Tweet 264
  • Scraper Winch

    692 shares
    Share 277 Tweet 173
  • Thyssenkrupp Uhde Expertise Extends the Life of Ammonia Tanks

    636 shares
    Share 254 Tweet 159
  • Slope Stability

    618 shares
    Share 247 Tweet 155
  • Underground Support Systems

    599 shares
    Share 240 Tweet 150
  • Another successful turnkey modular construction and transit solution from thyssenkrupp Uhde delivered to a key customer

    597 shares
    Share 239 Tweet 149
  • African Mining Brief
  • Magazine Archive
  • Contacts

© 2023 African Mining Brief I All Rights Reserved Powered by Clivo.

No Result
View All Result
  • Home
  • News
  • Events
  • Industry
  • People
  • Projects
  • Press Releases
  • Magazine Archive

© 2023 African Mining Brief I All Rights Reserved Powered by Clivo.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In