By Kenneth AFOR |
Dataphyte Nigeria announced on Wednesday that it will train about 20 journalists both in print and broadcast media in the country to understand the nature of published audited accounts from large public corporations.
The training will hold virtually on the 20th of August 2020, as stated in a press release signed by the Founder and CEO of Dataphyte, Joshua Olufemi.
This is in view of Dataphyte’s interest in promoting transparency, accountability and goods governance in the country as well as the Nigerian Open Government Partnership (OGP) campaigns.
Also, it has been noticed that this crusade has paved the way for the Federal Government, ministries, departments and agencies to have commenced publishing of their budgets, procurement and audited financial reports
A major breakthrough of this crusade is the publication of the nation’s largest corporation in the oil and gas industry, the Nigerian National Petroleum Corporation (NNPC), its audited financial statements for 2018 online on Monday, June 15th, the first after 40 years in operations.
“Having been on the wrong end of criticisms, several viewed this act as progress. Prior to this, several reports had maligned the government-owned oil firm for conducting the country’s oil business in opacity. And although NNPC opened their books, we can’t read or use them as they are not in open data formats.
“Hence, it became imperative to organise this training due to the low number of media engagements centred on these audited financial statements.
“The training will make journalists understand the financial statement and demand accountability through data-driven reporting of NNPC’s financial activities. Further, it will ensure a collective effort by journalists to highlight anomalies in the financial management of the subsidiaries of NNPC,” it stated.
According to Dataphyte, trained journalists will subsequently use skills gained to report critical issues within the financial statements of the state-owned oil firm. These reports will drive the demand for accountability on the financial operation of NNPC’s subsidiary companies operating within and outside the country. Also, the reports will provide important advocacy and accountability insights to the civil society and government agencies, including the National Assembly.