Home Topics Extractive Industries Transparency Initiative

Extractive Industries Transparency Initiative

Nigeria becomes first country in anglophone Africa to attain EITI’s highest rating

The Board of the Extractive Industries Transparency Initiative (EITI) has ranked Nigeria as having made ‘Satisfactory Progress’ in the implementation of its principles in the country’s oil, gas and mining sector.

EITI ranks Nigeria, Norway highest in extractive sector transparency

The board of the global Extractive Industries Transparency Initiative (EITI) Wednesday said Nigeria and Norway have achieved the highest level of transparency marks against the EITI standard in pushing for

NEITI unveils portal to simplify audit reports in extractive industries

The Nigeria Extractive Industries Transparency Initiative (NEITI), on Thursday unveiled a data “DashBoard’’ platform to simplify its audit reports to ensure informed knowledge for public debate on transparency and accountability in the nation’s extractive industries.

Maikanti Baru: NNPC most transparent organisation in Nigeria

The Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru, says it will prove to Nigerians that the Corporation is the most transparent organisation in Nigeria.

NEITI laments poor use of oil, gas industry audit findings by federal lawmakers

The Nigeria Extractive Industries Transparency Initiative, NEITI on Thursday lamented the National Assembly’s poor use of past findings in its audit reports on the oil and gas industry operations.

PIGB to curtail stealing, revenue loss in oil industry – NEITI

The Nigeria Extractive Industries Transparency Initiative, NEITI, Sunday, commended the National Assembly for the passage of the Petroleum Industry Governance Bill, PIGB, stating that the Bill would stem the massive loss of revenue recorded in the petroleum industry, arising from corrupt practices and process lapses.

E‎ITI suspends Niger Republic

The board of the Extractive Industries Transparency Initiative, EITI, has suspended Niger Republic for failure to make meaningful progress against key issues in the 2016 EITI Standards.‎

Why Nigeria must embrace transparency in extractive industry – Yemi Osinbajo

Nigeria will continue to embrace transparency in the extractive sector because it is in the country’s overriding national interest to do so, according to Vice President Yemi Osinbajo.

Nigeria, Indonesia agree to strengthen economic ties

Nigeria and Indonesia will work together to increase the level of economic cooperation between both countries, according to Vice President Yemi Osinbajo, SAN.

Nigeria open to more investment – Yemi Osinbajo

Vice-President Yemi Osinbajo on Tuesday said Nigeria was open to business and more investment.

Nigeria still suffering from Malabu scandal – Yemi Osinbajo

Vice-President Yemi Osinbajo says Nigeria is still suffering the consequences of the lack of transparency involved in the award of OPL 245 to Malabu Oil and Gas Ltd in 1998.

Secret ownership of companies dangerous – Yemi Osinbajo

Vice-President Yemi Osinbajo on Monday said hidden corporate ownership posed serious danger to developing countries like Nigeria.

VP Yemi Osinbajo calls for action against corporate secrecy

Vice President Yemi Osinbajo has again called for an intensified global action against vices associated with corporate secrecy stating that “breaking the wall of secret corporate ownership is an existential matter.’’

Recent Stories

Double Olympic champion Caster Semenya will run her last 800-metres today before the International Association of Athletics Federations imposes hugely controversial new rules limiting testosterone in female athletes.

Caster Semenya to return to track in 2,000 metres race in France

Two-time Olympic champion Caster Semenya will run in the 2,000 metres in a meeting held in the Paris suburbs on June 11, the organisers said on Friday.
Lagos State Governor-elect Babajide Sanwo-Olu was at a special reception organised by Kings’s Court Chapel for the Ogun State Govenor-elect Prince Dapo Abiodun on Sunday. 1

Babajide Sanwo-Olu: My administration will be hardworking

The Lagos State Governor-elect, Mr Babajide Sanwo-Olu, on Saturday said he would work assiduously to deliver the dividends of democracy to the people of the state.
Bayern Munich goalkeeper Manuel Neuer has praised Ajax's Andre Onana for his impressive displays between the sticks this season.

Manuel Neuer: Ajax’s Andre Onana deserved to be in Champions League final

Bayern Munich goalkeeper Manuel Neuer has praised Ajax's Andre Onana for his impressive displays between the sticks this season.

Boko Haram kills 25 soldiers, civilians in an ambush in Borno

Islamist insurgents killed at least 25 soldiers and a number of civilians in an ambush in northeast Nigeria on Saturday morning, two security sources said, the second deadly attack on the army this week.
Kola Ologbondiyan

PDP congratulates Zamfara governor-elect, others

The Peoples Democratic Party (PDP) on Saturday congratulated the Zamfara State governor-elect, Bello Matawalle, and all federal and state legislators-elect on their victory in the 2019 general elections.