The Nigeria Extractive Industries Transparency Initiative (NEITI) said four federal government agencies generated a total of N28.02 trillion between 2017 and 2019. NEITI disclosed this in its latest fiscal allocation and statutory disbursement (FASD) report released...
The Nigerian National Petroleum Company Limited has won an award as the overall best company in oil and gas reforms at the Open Government Partnership global awards, which was held in Seoul, South Korea. The Minister...
A book written by Waziri Adio, the former executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI) is being presented in Abuja today. “The book, in which Mr Adio chronicles his tenure at the NEITI...
President Muhammadu Buhari has approved the recovery of about N2.65 trillion unremitted funds by 77 oil companies operating in the country by a coalition of anti-graft agencies. They include the Nigeria Extractive Industries Transparency Initiative (NEITI),...
The executive secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Ogbonnaya Orji, said at a press conference yesterday that 77 oil companies owe the federal government N2.659 trillion. He said NEITI’s findings are contained in its...
Minister of State for Mines and Steel, Uche Ogah, has said that illegal miners connive with security officers to carry out their illegal activities. Speaking at a two-day public hearing organised by the Senate Committee on...
President Muhammadu Buhari has approved the appointment of the Nigeria Extractive Industries Transparency Initiative (NEITI) into the Petroleum Industry Act (PIA) Implementation Steering Committee. The president’s approval was conveyed to the Minister of State, Petroleum Resources,...
The Federal Executive Council (FEC) meeting, the first presided over by President Muhammadu Buhari for about three weeks following his trip to the United Kingdom, approved contracts worth N21.11bn for aviation, education, others. * The Council...
President Muhammadu Buhari has said Nigeria’s low share of Foreign Direct Investment (FDI) flow to Africa between 2015 and 2019 is a cause of concern. Buhari, who spoke at a retreat organised by the Nigeria Extractive...
The chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has reiterated the Commission’s resolve to sanitize and deal with fraud-related issues in the extractive industries. He said yesterday during the signing of a...