Tag: NEITI

NEITI, through its officials, warned that this funding gap could stall the country’s energy transition and leave billions in fossil ...

NEITI called on the federal government and the National Assembly to seize this historic moment by passing a new solid ...

Mr Ojulari said the NNPC Ltd will continue its reforms to ensure development in the energy sector.

The lawmakers said that the success of CNG is threatened by a lack of transparency, inconsistent access, and questions around ...

For decades, the extractive industries have been the backbone of Nigeria’s economy, generating substantial revenues, creating jobs, and funding national ...

NEITI said the oil and gas divestments were reshaping Nigeria’s industry, hence the need to ensure that the divestments adhered ...

The total disbursement of N15.26 trillion was distributed among the three tiers of government.

The goal is to eliminate procurement fraud and ensure that the federal government obtains optimal value for all its contracts.

"Mining activities often lead to land degradation, pollution, and threats to cultural heritage, yet many mining communities lack the necessary ...

The report showed a substantial increase in government receipts from ₦7.59 billion in 2007 to ₦341.27 billion in 2022.

The report was unveiled today in Abuja.

This represents a 1.42 per cent increase, equivalent to N46.77 billion, from the N3.426 trillion disbursed in the first quarter ...

Mr Woke said that NOSDRA was dedicated to ensuring that the exploitation of the nation’s resources did not come at ...

To be sure, the former minister failed to address the pertinent issues; rather, she resorted to disparaging attacks against the ...

President Tinubu said members of the board were selected, based on their diverse competencies, skills, knowledge, integrity and track record ...

The Federal Government received N3.99 trillion, representing 39.37 percent of the total allocation, while the 36 states received N3.585 trillion ...

“A further analysis of the N10.143 trillion disbursements in 2023 showed an increase of N1.934 trillion or 23.56 per cent ...

NEITI said some local challenges, including time of resettlement affected the production of the 2022/2023 oil, gas and solid minerals ...

Terrorists are into mining to diversify sources of income to continue financing terrorism activities.

The lawmakers said the revenue agencies of the federal government need to do more to generate revenue for the budget.

"The cracks in the wall of the regulatory frameworks of Nigeria's solid minerals sector are widening and capable of providing ...

The contribution by the NNPCL and FIRS declined significantly, the report said.

"We recommended that the government urgently put in place a revised national policy on gas utilisation," the statement said.

NUPRC says the committtee will address the issues with the 23 failed oil blocks being managed by oil companies under ...

SERAP also urged Mr Tinubu “to fully implement all the recommendations by NEITI in its 2021 report, and to use ...