The purpose of this paper is to explore the potential of mainstreamed disclosures by using Nigeria EITI’s (NEITI) participation in the Federation Account Allocation Committee meetings as a concrete example. The information used in these meetings has the potential to cover EITI Requirements 4.1, 4.2, 4.5, and 5.1-5.3 at least partially. It identifies some of the potential benefits and challenges involved. We also provide some recommendations to embed transparency and accountability into government systems.
Mainstreamed disclosures in a Nigerian context would have an important impact on the priorities for NEITI. The main difference for the EITI Reports would be that the reconciliation process would no longer duplicate existing reporting and quality assurance, making EITI implementation cheaper. Less time would be spent on data collection, as extractive sector information would be readily accessible online at source. NEITI Reports would in the future draw on this information, and become a platform for compiling and making sense of information from various sources in one place. This one-stop shop for extractive sector data would also enable targeted analyses outside the traditional EITI reporting requirements, guiding public debates.
Keyword: systematic disclosure