FG, states, local governments share N10.143trn in 2023 – NEITI
March 19, 2024 The three tiers of government – Federal, state and local governments – shared N10.143 trillion from the Federation Account as statutory revenue allocations in 2023. Dr. Orji…
Transparency: EITI Rates NNPC Ltd High in Compliance
Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest global…
NEITI Seeks EFCC’s Support in Enforcing Transparency, Compliance in Extractive Industries
Nov. 10, 2023 The Nigeria Extractive Industries Transparency Initiative, NEITI, has called on the Economic and Financial Crimes Commission, EFCC, to back it up more in its quest for transparency…
FASD report: Mineral revenue accounts for N6.40trn as NNPCL, NUPRC, 3 others remit N14.38trn to Federation Account in 2 yrs – NEITI
Nov. 10, 2023 The Nigeria Extractive Industries Transparency Initiative (NEITI) says five Federal government revenue generating agencies remitted ₦14.38 trillion as revenue from the extractive sector to the federation account…
NNPC says claim of indebtedness to FG baseless; clears air on NEITI’s report
The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by…
NEITI recommends special investigation be instituted to establish status of non-operational refineries
Sept. 18, 2023 The Nigeria Extractive Industries Transparency Initiative (NEITI) has recommended that a special investigation be instituted to establish the status of our non-operational refineries and value for money…
NEITI unveils Oil and Gas report 2021, says industry generated over $23bn in revenueÂ
Sept. 18, 2023 … $13.2 bn remitted to the federation account The Nigeria Extractive Industries Transparency Initiative (NEITI) said the oil and gas industry generated over $23billion in 2021. The…
NEITI renews the call for economic, social justice for oil producing host communities
Sept. 15, 2023 The Nigeria Extractive Industries Transparency Initiative (NEITI) has renewed the call for economic, environmental and social justice for oil, gas and mining host communities in Nigeria. Dr….
NEITI reviews 2020-2021 oil, gas, mining industries’ reports, to establish revenue paid to govt. coffers
Aug. 17, 2023 The Nigeria Extractive Industries Transparency Initiative (NEITI) is reviewing its 2020-2021 reports of the oil, gas and mining industries for stakeholders’ input for approval and release. Dr….
Nigeria requires $20bn annually for gas expansion projects – NEITI
Aug. 15, 2023 The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria requires $20 billion annually to achieve the desired gas expansion plan to bridge the country’s gas infrastructure. Dr….