Accountability in the MOG Sector in West Africa
In recent years, West Africa has experienced sustained high growth rates, especially in the minerals, oil, and gas (MOG) producing countries, and has outperformed the other African sub-regions. However, this has not been translated into sustainable development due in part to shortcomings in accountability and transparency.
In contrast, some resource-rich countries that have shown high degrees of accountability and transparency in the management of their revenues and have used them to foster economic transformation and sustainable development. The key ingredients for their success include an informed citizenry and committed government leadership with political will and capacity to make technically complex decisions and implement them. This brief explores accountability in West African resource rich countries and draws lessons from the success of Trinidad and Tobago (T&T) on what improvements can be made in the MOG sector of the region.
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