Home Topics NEITI
The Office of the Auditor General for the Federation, OAuGF, weekend, said it has concluded plans to undertake an extensive audit of the extractive industries, comprising the petroleum and mining sectors, to identify and eliminate sharp practices, promote transparency and accountability.
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil was produced in the country in 2017.
The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday, accused Federal Government’s agencies in the mining and oil and gas industries of frustrating national planning, natural resource governance and public finance management.
The Nigeria Extractive Industries Transparency Initiative (NEITI) says its constant engagement with the Nigerian National Petroleum Corporation (NNPC) on its operations was based on its mandate to promote corporate ethics, transparency and accountability in the oil and gas industry.
The Nigeria Extractive Industries Transparency Initiative (NEITI), has urged the Nigerian National Petroleum Corporation (NNPC) to erase the impression that its constant engagement with it was a veiled attempt to attack or drag it into politics. Instead, the agency said it was rather in a bid to improve corporate ethics, transparency and accountability in the governance of the nation’s oil and gas industry.
The Nigerian Extractive Industries Transparency Initiative (NEITI) on Wednesday disclosed that the 36 states of the federation received N3.95trillion as total revenues in 2018 but none of the states could fund their 2018 budget from their total revenue for the year.
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has promised to the fight corruption and improve transparency as he takes over the affairs of the NNPC.￼
Human rights activist and Senior Advocate of Nigeria (SAN), Mr. Femi Falana, has filed a suit at the Federal High Court in Abuja seeking to compel President Muhammadu Buhari’s administration to recover the sum of $40 billion and N481 billion based on the audit of the extractive industry carried out by the Nigeria Extractive Industry Transparency Initiative (NEITI).
The Organisation of the Petroleum Exporting Countries (OPEC) and the Nigerian Extractive Industries Transparency Initiative have commended Mr Mele Kolo Kyari’s appointment as NNPC boss.
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Thursday hailed the appointment of Mele Kyari as the new Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC).
Nigerian Financial Intelligence Unit, NFIU, by the Egmont Group of Financial Intelligence Unit yesterday, said it had impounded N10 billion suspected criminal funds.
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that Nigeria lost at least $16 billion in ten years due to non-review of the 1993 Production Sharing Contracts, (PSC), with oil companies.
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.
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
The Federal Inland Revenue Service (FIRS) remitted about N4.63 trillion to the Federation Account between January and November this year, revenue collection figures submitted to the Federal Ministry of Finance have shown.
The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), and 22 other oil companies are yet to pay to the federation $3,632,075 as fines for flaring gas beyond their allowed thresholds.
Mayor of Johannesburg Herman Mashaba has said it “was not necessary” for South Africa to apologise to Nigeria for the recent xenophobic attacks.
Four people died after a boat carrying dozens of tourists capsized during heavy storms in Senegal, authorities and emergency services said Tuesday.
The World Health Organisation (WHO’s) Regional Director for Africa, Dr. Matshidiso Moeti, said the United Nations (UN) agency is committed to supporting countries in determining the status of patient safety, development and implementation of national policies, guidelines and protocols for enhancing patient safety, as well as facilitating patient safety networks and partnerships.
A Nigerian man, Oscar Okwurime, 34, who died in his cell at the Harmondsworth removal centre in London had told the authorities at the centre that he was feeling unwell but he was not provided with medical attention, says latest report.
The National Stalwart of Nigeria’s ruling All Progressives Congress (APC) Asiwaju Bola Tinubu has won African Democracy Award for his efforts to grow democracy and good governance on the continent.
President Cyril Ramaphosa of South Africa has dispatched a peace envoy to Nigeria over the xenophobic attacks in his country against foreigners, especially Nigerians.
The police on Wednesday paraded 58 suspects allegedly involved in kidnapping, armed robbery, car theft, unlawful possession of weapons and other crimes.
The Kano State Fire Service on Tuesday said 11 out of the 73 distress calls it received in two weeks were false, possibly from prank callers.
The Brotherhood of the Cross and Star (BCS) says it is partnering the Delta government to organise Leadership and Entrepreneurial Skill Development Summit for youth in the State.
The Organisation of Petroleum Exporting Countries (OPEC) on Saturday agreed to trim oil output by asking over-producing members Iraq and Nigeria to bring production in line with their targets.