Home Topics Nigeria Extractive Industries Transparency Initiative

Nigeria Extractive Industries Transparency Initiative

Zainab Ahmed

Zainab Ahmed resumes duty as supervising minister of finance

Mrs Zainab Ahmed, the Supervising Minister of Finance, has resumed duty, New Telegraph can confirm.

NEITI: Federal government shared N3.95 trillion revenue with states, local councils in first half...

Within the first half of this year, the federal, state and local governments in Nigeria have shared a total of N3.95 trillion from the Federation Account, the Nigeria Extractive Industries Transparency Initiative (NEITI) on Monday disclosed.
National Assembly

NEITI, National Assembly partner on implementation of remedial issues

The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday said it was collaborating with the national assembly to set up a parliamentary group to coordinate legislative actions on implementation of remedial issues identified by independent audit reports of NEITI in the extractive industry.

Federal government saves $1 billion through direct sale of crude oil

Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has confirmed huge benefit accruing to the country following the replacement the offshore processing arrangement (OPA) and crude oil swap with the Direct Purchase of Petroleum Products (DSDP).

House of Reps to probe alleged missing N8 trillion mining revenue

The House of Representatives on Thursday, resolved to investigate alleged loss of N8 trillion from leakages and illegal mining of gold and other solid mineral resources in the country.

NEITI tasks federal government to revisit production sharing agreements in oil sector

Nigeria Extractive Industries Transparency Initiative (NEITI) has alerted the nation on the urgent need to review the Deep Offshore and Inland Basin Production Sharing Agreement between Nigeria and oil companies.

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.

Nigerians urged to use technology to hold government accountable

As the 2019 elections draw near, Nigerians have been urged to use available technology to follow up on government and hold them accountable while in public service.

NEITI: Federal government, others shared N1.94 trillion in first three months of 2018

The Federation Account Allocation Committee (FAAC) disbursed N1.938 trillion in the first quarter of 2018 to the three tiers of Nigeria’s government, a report from the Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed.

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.

OPL 245: A most popular oil block

The Petroleum Act 1969 (as amended) grants powers to the Ministry of Petroleum, acting through the Department of Petroleum Resources (DPR) to administer the licensing of oil blocks in the country.

Experts: Nigeria’s solid mineral export potential may hit N10 trillion

Experts have said that Nigeria’s solid mineral sector is capable of generating over N10 trillion revenue in export, providing five million jobs and contributing over 20 per cent to Gross Domestic Products (GDP).

NEITI: How NNPC failed to remit $16.8 billion into Federation Account

The Nigerian National Petroleum Corporation failed to remit $16.8 billion paid reportedly to it as dividends by the Nigeria Liquefied Natural Gas (NLNG) Limited, the Nigeria Extractive Industries Transparency Initiative (NEITI) said Thursday.

Minister: New oil licences will be issued under PIB

Emmanuel Ibe Kachikwu, minister of state for petroleum resources, says new licences for oil blocks will be issued when the petroleum industry bill is passed by the national assembly.

Nuhu Ribadu: EFCC has done fairly well

Nuhu Ribadu, former chairman of the Economic and Financial Crimes Commission (EFCC), says the commission has done “fairly well” in its fight against corruption.

FAAC disbursements increase by 25% in 2017 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday in Abuja said the Federation Account Allocation Committee (FAAC) disbursements increased by 25 per cent in 2017.

Nigeria, Niger sign pact to build refinery in Katsina

Nigeria and the Niger Republic, will in 60 days time sign binding bilateral and technical agreements that will enable both countries develop and build a new petroleum refinery in a Katsina State town which borders both countries, the Ministry of Petroleum Resources has disclosed.

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.

Recent Stories

Super Eagles captain Ahmed Musa has dedicated his Nigeria footballer of the year award his teammates and everyone who has contributed to his success as a footballer.

Ahmed Musa dedicates Footballer of the Year award to teammates, supporters

Super Eagles captain Ahmed Musa has dedicated his Nigeria footballer of the year award his teammates and everyone who has contributed to his success as a footballer.
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

Atiku Abubakar to kick-start presidential campaign Monday

The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, is to kick-start his campaign for the 2019 presidential election through an address to Nigerians on Facebook on Monday.

Ooni picks leading artistes to undertake Yoruba culture revival

The Ooni of Ife, Oba Ogunwusi Adeyeye, has lined up leading artistes to undertake a cultural revival of Yoruba heritage in a 12-day artistic show, designed to showcase the Yoruba nation.
Donald Trump speaks during an Ohio Republican Party State Dinner in Columbus, Ohio. MADDIE MCGARVEY-BLOOMBERG

Acosta: Trump vows to walk out of briefings

U.S. President Donald Trump has threatened to walk out of future press briefings if reporters do not act with “decorum.”

APC wins Bauchi by-election

The All Progressives Congress (APC) candidate, Yusuf Nuhu has emerged as the winner of Toro federal constituency by-election held in Bauchi State on Saturday.