Osinbajo arrives Indonesia on a 2-day working visit

By light ifurueze

- Vice president Professor Yemi Osinbajo is on a two-day working visit to Jakarta, Indonesia

- He will address the opening plenary of Extractive Industries Transparency Initiative (EITI) International Beneficial Ownership Conference

- While in Jakarta, the vice president will also hold bilateral talks with his Indonesian counterpart, Jusuf Kalla

Vice President Yemi Osinbajo arrives Indonesia on a two-day working visit, during which he will address the opening plenary of the Extractive Industries Transparency Initiative (EITI) Beneficial Ownership Conference taking place in Jakarta, Indonesia, from Monday 23rd October to Tuesday 24th October, 2017.

According to a press release by Laolu Akande, the vice president, at the conference, will speak on a range of issues concerning Nigeria’s extractive industry and general reforms embarked upon by the Buhari administration in the extractive sector of the economy, among other issues.

Other world leaders and top government dignitaries speaking at the event include the President of Indonesia, Joko Widodo; Minister of National Development Planning in Indonesia, Bambang Brodjonegoro; EITI Chair, Fredrik Reinfeldt; among others.

The vice president is expected back in Nigeria on Tuesday.

This year's conference, which will focus on using beneficial ownership information to achieve national priorities for the extractive sector and to improve natural resource governance, has as its theme: “Opening up ownership – sharing practice, building systems”.

He will be speaking on the theme: Opening up ownership – sharing practice, building systems. Photo credit: Novo Isioro

According to the organisers, the conference is coming in the aftermath of the Panama papers scandal that implicated some highly placed individuals with links to the extractive sector across the world. The EITI last year agreed to adopt new rules on disclosing beneficial ownership for all extractive companies operating in its 52 member countries.
Prof. Osinbajo will be hosted to a state reception by the government of Indonesia. He will also meet with representatives of the Indonesian business community, the Chairman, International Board of EITI, and African Group of Ambassadors accredited to Indonesia.