Senegalese newly-elected President Bassirou Diomaye Faye has indicated the readiness of his administration to conduct an audit of the oil, gas and mining sectors.
He said this last week while also reassuring investors they were welcomed to the country.
Faye defeated the ruling coalition’s candidate in a March election by a landslide, reflecting high hopes for change in the country with about eighteen million votes.
The audit is one of the first policy moves announced since the 44-year-old former tax inspector’s inauguration last Tuesday.
“The exploitation of our natural resources, which, according to the constitution, belong to the people, will receive particular attention from my government,” he said as reported by Reuters.
“I will proceed with the disclosure of the effective ownership of extractive companies (and) with an audit of the mining, oil, and gas sector.”
Source:https://energynewsafrica.com
