In order to bring contributions with the intention of rendering trustworthy and credible the governance of the extractive sector, notably the mining industries in Togo, the Initiative for Transparency in the extractive Industries and the development and mining governance Project organized from 15th to 18th May 2018, the National Forum for Societal accountability of extractive and mining companies in Togo.
This meeting that brought together delegates from the public administration, extractive industries and organizations of the civil society among which the National Alliance of Consumers and the Environment (ANCE-Togo), made it possible to establish a true policy of transparency and accountability in the governance of the mining industries in order to safeguard the interests of the populations and specially those of mining resources exploitation localities.
The transparency and accountability principles have therefore been extensively explained to the participants since these provisions are highly remarkable in the ITIE norm. The first principles underlines the importance for both the governments and the extractive corporations to guarantee transparency along with a need to strengthen public finance management. As for the second principle, it also reminds one of the role to be played by the government and the extractive companies in order for them to be accountable. The changes that have been taking shape over the past years in the governance of public administrations show today the relevance of the integration of the ITIE norm into the national systems. When it comes to the regulatory plan, for example, Togo is awaiting the finalization of the mining community code of the mining industry, ordered by WAEMU, which will provide orientation during the elaboration of the new national mining code. As for the economic and social impact, the government and the citizens are regularly informed, for some, about the importance of extractive industries in the national economy and of their involvement in the social and economic development of the mining localities; and the others are informed about the extractive sector’s governance and the others are informed about the governance of the extractive sector and of the State revenue generated by the exploitation of the natural resources.
The issue of the management of the taxes paid by the extractive and the mining companies to the local communities in the shape of returns and the obligation for the latter to contribute to the local and regional development were extensively discussed during this meeting.
ANCE-Togo, the National contact of Transparency International, was in attendance and took the opportunity of this forum to recall the need for the main stakeholders to guarantee full transparency in the management of these financial resources paid by the industries of the extractive sector to the populations of the locality of the minerals exploitation, taking into account, from now on, both human and environmental issues.