Extractive Industries: EITI Cameroon Fine-tunes Action Plan

By Godlove BAINKONG, Cameroon Tribune, 17-05-2014

Members of the Technical Secretariat and civil society actors met in Yaounde on May 16 to harmonise the 2014-2016 vision.

Cameroon’s technical secretariat of the Extractive Industries Transparency Initiative (EITI) is fine-tuning its 2014-2016 action plan with a challenge of continually maintaining its “Compliant Country” status acquired on October 17, 2013 during the 25th session of the Board of Directors of the Extractive Industries Transparency Initiative in Abidjan.

A working session grouping members of the technical secretariat and actors of the civil society held at EITI Cameroon head office in Yaounde on Friday May 16 chaired by the Minister Delegate in the Ministry of Finance, Pierre Titti. Target was to harmonise their points of view and beef up what the technical secretariat had already drafted so as to come up with an inclusive and participatory plan of action capable of surmounting growing challenges.

Speaking during the concertation forum, Minister Pierre Titti said tasks like the conciliation of financial flows, publication of reports and efficient management of the extractive sector as well as the evaluation of acquired results to ascertain the impact of the Compliant Country Status on the population remain daunting.   

Going by the draft plan of action under examination, there are issues like the drawing up and adoption of a law on EITI in Cameroon, updating and adopting a procedure manual on financial, administrative and accounting management of the sector and the carrying out of annual audits and controls of the committee’s accounts. Field trips to extractive sites and exchange tours are also envisaged likewise the putting in place of a central data unit and documentation and archives for the country’s EITI.>>>