Learn about our commitment to transparency and ethical practices.
Our Commitment to Transparency
While TECAD ENERGIES is a Nigerian company, we align our transparency practices with the principles of global standards, including the spirit of Canada's Extractive Sector Transparency Measures Act (ESTMA). We are committed to transparency in our payments to governments, reflecting our dedication to ethical conduct and good corporate citizenship.
We will maintain accurate records of specific categories of payments made to any level of government, both in Nigeria and abroad, in relation to our extractive activities. These payments include, but are not limited to:
Our primary framework for disclosure is through compliance with the Nigeria Extractive Industries Transparency Initiative (NEITI) standards. We support NEITI's mission to promote transparency and accountability in the management of Nigeria's extractive industry revenues.
Aligning with international transparency principles
Building confidence through open disclosure
Clear reporting of government payments
By adhering to these principles, we aim to build trust with our stakeholders, including the governments and citizens of the nations where we operate.
Last Updated: November 2025