Ibe Kachikwu, Oil minister: NEITI’s new report says Nigeria has lost at least $16b to oil companies in ten years By Edith Ike-Eboh The Nigeria Extractive Industries Transparency Initiative (NEITI)said that Nigeria lost at least […]
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that total financial flows from Nigeria’s oil and gas sector reduced to 17.05 billion dollars in 2016, indicating a 31 per cent decline on the 24.79 billion dollars generated […]
Human Rights Lawyer, Mr Femi Falana, said it was shameful that there was no accurate record of the volume of crude oil being produced in Nigeria daily. Falana spoke at an interactive Media Roundtable on […]
The Nigeria Extractive Industry Transparency Initiative (NEITI) says the Nigerian National Petroleum Corporation and other stakeholders in the industry have yet to remit 22.06 billion dollars and N481.75 billion to the Federation Account. NEITI made […]
The Federation Accounts Allocation Committee (FAAC) has disbursed N3.946 trillion in the first half of 2018 to Federal, State and Local Governments, the Nigeria Extractive Industries Transparency Initiative (NEITI) quarterly report has revealed. The report […]
The Civil Society Legislative Advocacy Centre (CISLAC) has urged President Muhammadu Buhari to re-think his decision in the national interest and assent to the Petroleum Industry and Governance Bill (PIGB) sent to him by the […]
The House of Representatives on Thursday, resolved to investigate alleged loss of N8 trillion from leakages and illegal mining of gold and other solid mineral resources in the country. The probe, according to the lawmakers, […]
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says it will prove to Nigerians that the Corporation is the most transparent organisation in Nigeria. Baru said this at a […]
The Civil Society Legislative Advocacy Centre (CISLAC) has called for reconstitution of Inter-Ministerial Task Team (IMTT) in order to reform the Extractive Industries Transparency Initiative (EITI). Executive Director of CISLAC, Mr Auwal Rafsanjani who made […]
By Uche Igwe One of the most difficult challenges to sustainable implementation of policy reforms is the inability to adequately identify and engage with relevant stakeholders. Controversies abound on the meaning of stakeholder, although it […]
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday in Abuja said the Federation Account Allocation Committee (FAAC) disbursements increased by 25 per cent in 2017. NEITI Director Communications and Advocacy, Dr Orji Orji, said […]
The Chairman, Senate Committee on Federal Character and Inter-Governmental Affairs, Senator Tijjani Yahaya Kaura says NEITI’s intervention in the management of Nigeria’s extractive sector has saved the sector from imminent collapse. Chairman Senate Committee on […]
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Friday said Nigeria lost 54.6 per cent of oil revenue, amounting to 29.7 billion dollars in 2015. NEITI said this in Abuja in its audit-covered operations in […]
The Solid Mineral Sector generated N199 billion from 2007 to 2014, said the Nigerian Extractive Initiative Transparency Initiative (NEITI). Dr Orji Orji, Director of Communications, NEITI, disclosed this to the News Agency of Nigeria (NAN) […]
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