The World Bank funded the implementation of the bill for the implementation of the Nigerian Extractive Industries Transparency Initiative (NEITI). NEITI is central to the energy question in Nigeria, particularly in light of the failure to channel massive oil and gas revenues to for the benefit of national development. NEITI was developed together with the procurement bill and the freedom of information bill. However, in the event only NEITI was approved by both the Senate of the National Assembly and the House of Representatives, and with a significant amendment. This appeared without explanation, at the last minute and allows much greater leeway to oil companies over the issue of disclosure. To the provision on the power of NEITI to obtain information from companies' volume of sales of oil, gas and other minerals extracted was added the caveat that "provided that such information shall not be used in any manner prejudicial to the contractual obligation of proprietary interests of the extractive industry company". According to the Civil Society Legislative Advocacy Centre, these clauses have the potential "to defeat the entire essence of the transparency campaign in the extractive industry". Despite this blatant violation of both due process and disclosure, the IMF praised the NEITI bill as "good progress in efforts to improve governance and reduce corruption". The bill was passed by the Nigerian Senate in May 2007, days before the end of Obasanjo's tenure.