Business
blog

6 Uncomplicated Ways to Get Studying Fun

  • July 26, 2020
blog

Acestea sunt semne bune că vor oferi mult

  • July 28, 2021
Naira falls N777 against dollar after CBN announcement
Economy

Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
Energy

Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

Contact Info

Some Populer Post

S’Korea uncovers ‘Made in Korea’ breaches intended to bypass

Business

FG to enhance power grid by 4,000MW – Adelabu

Electricity

Oil prices slip amid trade war concerns, US-Iran nuclear

Oil and Gas

China vows retaliation against countries backing US isolation efforts

News

Tag: NEITI

NEITI to release old data, says global body
Business

238 mining firms owe FG N1.06bn – NEITI

The Federal Government is owed roughly N1.06 billion in annual service fees by 238 companies, according to the Nigeria Extractive Industries Transparency Initiative. According to The Punch, this information was included in the newly released NEITI Industry report for the Solid Minerals Industry for 2021. “From the IA review of MCO’s record of mineral title […]

NEITI to release old data, says global body
News

FG, states, LGs split N4.37trn in six months – NEITI

The Nigeria Extractive Industries Transparency Initiative has revealed that the three levels of government—federal, state, and local—divided a total of N4.37 trillion in statutory revenue allocations from the Federation Account between January and June 2023. This was stated in its most recent report on revenue allocations from the Federation Account for the first half of […]

NEITI to release old data, says global body
Business

How Nigeria earned $742bn oil revenue 21 years – NEITI

Nigeria gained $741.5 billion and N635.3 billion from the oil/gas and solid minerals sectors, respectively, over 21 years, according to the Nigeria Extractive Industries Transparency Initiative. According to The Punch, the executive secretary of NEITI, Ogbonnaya Orji, made this announcement at a stakeholders roundtable the organization convened in Abuja for the evaluation and approval of NEITI 2021 […]

NEITI to release old data, says global body
featured

Subsidy: NEITI faults fuel consumption data, begins investigation

The Nigeria Extractive Industries Transparency Initiative has stated that the high PMS consumption data being given by some government entities were false and that research to ascertain Nigeria’s actual fuel consumption had been launched. The Punch reported that the Executive Secretary of NEITI, Ogbonnaya Orji, said this on Tuesday in Abuja while speaking to the press on the sidelines of […]

NEITI to release old data, says global body
featured

Nigeria spent $74bn on fuel subsidies 16 years – NEITI

The Nigeria Extractive Industries Transparency Initiative has revealed that Nigeria spent $74.39 billion, or N13.69 trillion, on fuel subsidies between 2005 and 2021. According to Nairametrics, they commended President Bola Tinubu’s subsidy removal, stating that it is a good thing as they urged him to put the conclusions and suggestions from the NEITI reports into practice. This information was […]

featured

How Nigeria lost N16.25tn crude in 12 years – NEITI

Nigeria Extractive Industries Transparency Initiative, has revealed that the country lost 619.7 million barrels of crude oil worth $46.16 billion or N16.25 trillion in 12 years, from 2009 to 2020. It made this disclosure in a statement released on Thursday night by its head of communications and advocacy, Obiageli Onuorah. The Federal Government’s decision to […]