Global EITI team arrives to assess Nigeria’s oil, gas reforms
The Global Extractive Industries Transparency Initiative validation team has arrived in Nigeria to assess the country’s progress in improving transparency and accountability…
NEITI
Poor transparency validation could scare off investors, NEITI warns
The Nigeria Extractive Industries Transparency Initiative has warned that Nigeria risks losing substantial foreign investment in the oil, gas, and mining sectors…
NEITI, EFCC, ICPC strengthen alliance against corruption in oil sector
The Nigeria Extractive Industries Transparency Initiative has intensified efforts to strengthen accountability in Nigeria’s oil, gas, and mining sectors by deepening its…
NEITI recovered over $3bn for FG in five years — Official
The outgoing Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr. Ogbonnaya Orji, has formally handed over leadership to Musa Sarkin…
New NEITI boss vows to amend ‘Outdated’ 2007 transparency Act
The newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hon. Musa Sarkin Adar, expressed a commitment to drive a…
Oil firms yet to remit N1.5tn to federation account – NEITI
The Nigeria Extractive Industries Transparency Initiative has disclosed that oil companies and certain government agencies owe the federal government approximately N1.5 trillion…
NEITI applauds FG’s decision to revoke mineral licenses
The Nigeria Extractive Industries Transparency Initiative has commended the federal government for revoking 1,263 mineral licenses for failure to pay licensing fees…
Debt servicing puts states’ fiscal stability at risk – NEITI
The Nigeria Extractive Industries Transparency Initiative has sounded a policy-backed warning over what it calls a “silent fiscal emergency” eroding the economic…
NEITI raises alarm over rising methane emissions in Nigeria
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Orji Ogbonnaya, has warned that Nigeria’s climate commitments will be meaningless if…
NEITI commits to providing technical support for 2024 tax reform
The Nigeria Extractive Industries Transparency Initiative has pledged to support the legislative process of the 2024 Tax Reform Bill by offering technical…
Oil operators’ debt to FG reaches $6.1bn – NEITI
The Nigeria Extractive Industries Transparency Initiative has revealed that, as of August 2024, oil and gas operators owe the Federal Government a…
Nigeria’s crude oil production losses hit 362.28m barrels – NEITI
A recent report by the Nigeria Extractive Industries Transparency Initiative highlights significant losses in Nigeria’s oil production, totaling 362.28 million barrels from…