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Tag "Extractive Industries Transparency Initiative"

EITI to NNPC: Disclose details of 20% stake in Dangote refinery

    EITI to NNPC: Disclose details of 20% stake in Dangote refinery

The Extractive Industries Transparency Initiative (EITI) has demanded more clarification from the Nigerian National Petroleum Company (NNPC) Limited over its 20 percent equity in the Dangote Petroleum Refinery. The transparency

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EITI to Nigeria: Improve on stakeholder engagement, transparency or face suspension

    EITI to Nigeria: Improve on stakeholder engagement, transparency or face suspension

The Extractive Industries Transparency Initiative (EITI) says Nigeria may be suspended if it fails to meet requirements for validation commencing January 1, 2026. EITI validation is the assessment of the

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FACT CHECK: Did NNPC make first profit in its 44-year history as claimed by Buhari?

    FACT CHECK: Did NNPC make first profit in its 44-year history as claimed by Buhari?

On August 26, 2021, President Muhammadu Buhari announced what was regarded as unprecedented: that the Nigerian National Petroleum Corporation (NNPC) made a net profit in 2020 for the “first time

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EITI: NEITI’s new board will promote transparency in Nigeria’s extractive sector

    EITI: NEITI’s new board will promote transparency in Nigeria’s extractive sector

The Extractive Industries Transparency Initiative (EITI) has commended Nigeria for inaugurating the governing board of the Nigeria Extractive Industries Transparency Initiative (NEITI). The board, also known as the National Stakeholders

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