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Tag "NEITI"

After suspension threat, NEITI moves to enhance implementation of EITI standards

    After suspension threat, NEITI moves to enhance implementation of EITI standards

The Nigeria Extractive Industries Transparency Initiative (NEITI) says it has developed a corrective action plan to address issues identified in its validation report by the Extractive Industries Transparency Initiative (EITI).

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NEITI: Subsidy removal, naira float increased FAAC disbursement to N10trn in 2023

    NEITI: Subsidy removal, naira float increased FAAC disbursement to N10trn in 2023

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the three tiers of government shared N10.14 trillion from the federation account as statutory revenue allocations in 2023. Orji Ogbonnaya Orji, executive

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‘No public funds withheld’ — NNPC refutes NEITI’s report on non-remittance of $2bn

    ‘No public funds withheld’ — NNPC refutes NEITI’s report on non-remittance of $2bn

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has clarified the non-remittance of $2 billion into the federation account as reported by the

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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 assessment: OrderPaper asks FG to hasten constitution of NEITI working group

  EITI assessment: OrderPaper asks FG to hasten constitution of NEITI working group

OrderPaper Advocacy Initiative (OAI) has asked the federal government to hasten the constitution of the national stakeholders working group (NSWG)

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Reps committee orders arrest of Cardoso, accountant-general over refusal to honour summons

  Reps committee orders arrest of Cardoso, accountant-general over refusal to honour summons

The house of representatives committee on public petition has issued a warrant of arrest on Olayemi Cardoso, governor, Central Bank

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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

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NEITI: Oil theft, pipeline vandalism have become national emergency

  NEITI: Oil theft, pipeline vandalism have become national emergency

Orji Ogbonnaya Orji, the executive secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), says oil theft and losses have

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NNPC to collaborate with NEITI to investigate alleged indebtedness to federation account

  NNPC to collaborate with NEITI to investigate alleged indebtedness to federation account

The Nigerian National Petroleum Company Limited (NNPC) says it will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative

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‘$23bn crude revenue, N1trn subsidy cost’ — highlights of NEITI’s oil and gas report

  ‘$23bn crude revenue, N1trn subsidy cost’ — highlights of NEITI’s oil and gas report

On Monday, the Nigeria Extractive Industries Transparency Initiative (NEITI) unveiled its 2021 oil and gas report, which provides information and

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