The Nigeria Extractive Industries Transparency Initiative (NEITI) said on Monday that the oil and gas industry generated over $23billion in 2021. The Executive Secretary of... Read More
NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says over 2,000 companies operating in Nigeria’s solid minerals industry are indebted to the federation accounts to tune... Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI, said oil and gas companies liabilities to the Federation Accounts as at Dec. 31, 2020 was N1.32 trillion.... Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as a historic development, the assent of President Muhammadu Buhari to the Petroleum Industry Bill (PIB).... Read More
Nigeria earned $34bn, lost $2.77bn to crude oil theft in 2019 – NEITI
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Nigeria lost 42.25 million barrels of crude oil valued at 2.77 billion dollars to oil theft in 2019, the Nigeria Extractive Industries Transparency Initiative (NEITI)... Read More
Nigeria earned N79.96bn from solid minerals in 2019, highest in 5 years – NEITI
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The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria earned N79.96bn from the solid minerals sector in 2019, according to its 2019 audit report on... Read More
The Nigerian Extractive Industries Transparency Initiative (NEITI) says the Federation Accounts Allocation Committee (FAAC) disbursed N1.95 trillion to the federal, state, local governments and... Read More
“It will take the next two months before ministers can come on board. Bringing them in now may disrupt the clean-up going on. So, Nigerians... Read More
$22.06bn, N481.75bn not remitted to Federation Account between 1999-2015 – NEITI
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The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the 22.06 billion dollars and N481.75 billion yet to be remitted by NNPC and others to... Read More
The Solid Mineral Sector generated N199 billion from 2007 to 2014, says the Nigerian Extractive Initiative Transparency Initiative (NEITI). Dr Orji Orji, Director of Communications,... Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on the Federal Government to save some portions of oil and gas revenue for the rainy... Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) has applauded the Senate for the passage of Petroleum Industry Governance Bill (PIGB) and called for speedy House... Read More
NNPC yet to remit NLNG $15.8bn fund to government purse in 14 years – NEITI
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The Nigerian National Petroleum Corporation (NNPC) is yet to remit $15.8 billion collected from Nigeria Liquefied Natural Gas (NLNG) to the federation account according to... Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) is to sign a pact with the Economic and Financial Crimes Commission (EFCC) in a bid to enforce... Read More
Mr Waziri Adio Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), has presented the 2013 oil, gas and solid mineral reports to the Acting Auditor-General... Read More
An increase of pipeline vandalism and oil theft in the last four years has cost Nigeria an estimated daily loss of hundreds of thousands of... Read More
The acting Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Orji Ogbonnaya Orji, has revealed that 42 oil and gas companies operating in... Read More
Oil Worth $13.7bn was stolen Under NNPC between 2009 and 2012 – NEITI
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The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Ahmed has said that between 2009 and 2012, Oil worth $13.7 billion was... Read More
Leaders of 17 Civil Society Organisations have urged President Muhammadu Buhari to stand by his decision to dissolve Boards of some federal government agencies and... Read More
13% Derivation: South South Governors And Oil Producing Communities At Loggerheads
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Governors of the Niger-Delta region have this week started mobilizing forces to quash the rising agitation by oil-producing communities for the Federal Governments to cease... Read More
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