NEITI to audit revenues of 190 oil, mining companies
The Nigerian Extractive Industries Transparency Initiative has revealed that 198 extractive companies and government agencies have submitted data for its ongoing nationwide…
NEITI
Nigeria lost $1.84b fuel to theft in nine years – NEITI
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr Ogbonnaya Orji, has revealed that in nine years, the nation lost…
NEITI to release old data, says global body
A global organization that advocates for transparency in the oil and mining industries, known as the Extractive Industries Transparency Initiative, has expressed concern on…
NEITI, oil producers partner on transparency, accountability
The Nigerian Extractive Industries Transparency Initiative and the Oil Producers Trade Section have held meetings with mining companies and oil companies to…
Nigeria made $764bn from oil, gas sector 21 years – NEITI
Nigeria’s oil and gas industry brought in $764.52 billion from 1999 to 2021. This is according to the Nigerian Extractives Industries Transparency…
NNPCL failed to remit N2.8tn taxes – NEITI
The Nigerian Extractive Industries Transparency Initiative has stated that the Nigerian National Petroleum Company Limited failed to pay the Federal Government roughly N2.8…
NNPCL trades N2.6tn of crude for refined products
The Nigerian National Petroleum Company Limited traded crude oil worth N2.6 trillion for refined petroleum products in 2021, according to the most…
How FG earned N4.3trn from oil in 2021 – Report
The Nigerian Extractive Industries Transparency Initiative estimates that the Federal Government received N4.3 trillion from the oil and gas industry in 2021.…
NEITI reveals $8.264bn unpaid debt in oil and gas industry
The Nigerian Extractives Industries Transparency Initiative has reported that the entire outstanding financial liabilities in the oil and gas sector owed to the…
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…
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…
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…