NEITI

The Nigeria Extractive Industry and Transparency Initiative (NEITI) has called for a paradigm shift in the country’s over-dependence on revenues from crude oil sales. With oil price volatility and up to 50 per cent of government revenue…

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 other statutory agencies in the first…

“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 just have to be patient.”This was Garba Shehu, presidential spokesman, speaking to Reuters on…

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 the Federation Account are legacy issues from its audit reports for 1999 to…

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, NEITI, disclosed this to the News Agency of Nigeria…