Tag: NEITI

NNPC set to take measures to curb oil theft

Abdul Jimoh- December 11, 2019

The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s ... Read More

Buhari: PDP should explain squandering of $592b oil wealth

admin- March 7, 2019

The Peoples Democratic Party (PDP) still owes Nigerians explanation on how it expended the humongous resources that accrued to the country from oil sales between ... Read More

Nigeria loses $16bn to PSC – NEITI

Arowobusoye Samuel- March 4, 2019

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 ... Read More

FAAC Disbursements Increases by 25% – NEITI

Henry Solomon- February 21, 2018

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 ... Read More

NEITI, NSIA, NOA Partner On Oil Revenue Management

Abdul Jimoh- August 9, 2017

NEITI, NSIA, NOA Partner On Oil Revenue Management The Nigeria Extractive Industries Transparency Initiative (NEITI), Nigeria Sovereign Investment Authority (NSIA) and National Orientation Agency (NOA) ... Read More

NEITI Calls On FG To Revisit NPDC Oil Assets Transfer

Henry Solomon- April 18, 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to revisit oil assets transfer by Nigerian National Petroleum Corporation (NNPC) to its ... Read More

NEITI urges FG to probe $15.8bn NLNG dividends to NNPC

Abdul Jimoh- April 6, 2017

NEITI urges FG to probe $15.8bn NLNG dividends to NNPC The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the Federal Government to probe the ... Read More

Minister’s Speech at 53rd Annual International Conference and Exhibition of the Nigerian Society for Mining and Geosciences

Suleiman Idris- March 30, 2017

  Protocols and Introduction I wish to express my profound gratitude for the honour and privilege of being asked to deliver this keynote address at ... Read More

NEITI Embraces Open Data Procurement Process

Suleiman Idris- March 17, 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) is set to establish an Open Contracting Data Standard platform for procurement of goods and services. The online ... Read More

NNPC to Set Up Security Advisory Council to Tackle Pipeline Vandalism

Suleiman Idris- January 5, 2017

  The Nigerian National Petroleum Corporation (NNPC) has outlined plans to establish a security advisory council aimed at bringing a lasting solution to the perennial ... Read More

High and Lows of FAAC Disbursements In 3rd Quarter of 2016 – NEITI

Tanimu- December 26, 2016

The Federal Account Allocation Committee (FAAC) recently completed disbursements for the 3rd quarters of 2016. The disbursements to all tiers of government in the 3rd ... Read More

The Breakdown of NNPC’s Openness and The Need To Open Up More – NEITI

Tanimu- December 23, 2016

The Nigeria Extractive Industries Transparency Initiative (NEITI) has commended the Nigerian National Petroleum Corporation (NNPC) for taking the initiative to provide up-to-date information to Nigerians ... Read More

Recession As Opportunity For Resource Curse – Waziri Adio

Tanimu- December 9, 2016

And, sadly, it came to pass. It is well predicted that most countries blessed with natural resources, even in the best of times, perform worse ... Read More

President Buhari Congratulates UN Secretary-General Designate

Suleiman Idris- October 14, 2016

    President Muhammadu Buhari congratulates Antonio Guterres on his appointment by the United Nations General Assembly as the next UN Secretary General, beginning from ... Read More

President Buhari At The UN General Assembly Reaffirms Support For NEITI

Suleiman Idris- October 14, 2016

  Nigeria has reaffirmed its commitment to the implementation of the global EITI. President Muhammadu Buhari made the commitment while addressing the 71st session of ... Read More

The Urgency Of A New Law For The Petroleum Sector In Nigeria

Suleiman Idris- October 14, 2016

The idea of a new law for the petroleum sector began precisely on the 20th April, 2000, more than sixteen years ago when the Obasanjo ... Read More

Accountability & Good Governance Mechanisms in the Management Of Nigeria’s Natural Resources- Waziri Adio

Suleiman Idris- October 11, 2016

  The Executive Secretary of NEITI, Mr. Waziri Adio have called on the Nigerian government to mainstream and strengthen accountability and good governance mechanisms like ... Read More