NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (NEITI)
Instructions for the completion of Data Templates
The provision of this information is vital to enable the auditors reconcile the data provided by
the companies with the data provided by the regulatory Agencies. In the case of groups of
companies or affiliates, a template is to be completed by each registered company stating their
Tax Identification Number (TIN) and related information even where no taxes were paid.
The templates can be down loaded from www.neiti.org.ng/smaudit
A template should include data on amounts paid by a company and payments made on its
behalf by another taxpayer. The reason for this is to identify the actual taxpayer. Each of the
listed payable taxes/levies in the templates are to be filled in its corresponding column stating
the amount assessed by the regulatory agencies or Collecting Agency and the actual amount
paid with its correspondent receipt number. Any outstanding payments should also be stated.
1.
Submission of Completed Templates
Hard and soft copies of the completed templates should be submitted by each Covered
entities (companies) and Government Agencies not later than 17th September, 2013.
The hard copies of the completed templates must be in a sealed envelope and address
to:
Solid Minerals Audit
Nigeria Extractive industry Transparency initiative (NEITI)
4th, Floor Murjanatu House
1, Zambezi Crescent.
Maitama, Abuja.
While all soft copies should be emailed to: solidminerals@neiti.org.ng or
tech@neiti.org.ng
2.
Templates
Separate templates are to be used by companies and Government Agencies as it relates
to them.
2.1
Covered Entities (companies)
The templates for companies are divided into two sections namely; the basic
information section and the payment section.
For each of the templates, taxpayers are expected to provide this basic information.
2.2
I.
The name of the Taxpayer (company). This must be completed using the full
registered name of the company as it appears in the Certificate of Incorporation
with Corporate Affairs Commission (CAC)
II.
The Tax Identification Number (TIN) of the company as issued by FIRS.
III.
The company’s full address and GPS coordinates of the site(s)
IV.
Full list of its lease/ license and the license number(s).
V.
Type of mineral extracted and level of production per annum (volume).
Government Agencies
Regulatory /collecting agencies should complete templates in respect of the Covered entities
with the actual amount received.
3.
Supporting Documents
All payments must be supported by official receipts. This will help in tracing all available
information for easy reconciliation.
4.
Enquiries regarding template completion
All enquiries regarding the completion of this
technical@neiti.org.ng and/or the following numbers:
template
Director Technical
08033017233
Team Leader SM
07039644505
Team Leader Audit 08036088376
should
be
directed
to
5.
Currency of Payment/Receipt
The actual currency of payment should be recorded as it is reflected on the receipts. No
currency conversion should be made, as this could result to misstatement of information
6.
Basis for Reporting
6.1
Amounts Paid/Received
All amounts reported must be strictly on cash basis and must include only payments received or
paid within the financial year under review (1st January to 31st December 2011).
6.2
Amount Assessed
This is the actual amount authorized by the law for the Company to pay or additional
assessment made by Regulatory Agencies.
6.3
Outstanding Amount
This is the amount due but yet to be paid as a result of additional assessment by Regulatory
Agency or as deferred payment.
7.
Declaration
All completed templates and supporting documents must be attested to by an authorizing
officer. This serves as management sign off.