Tag: NEITI

Labour opposes the plan to remove fuel subsidy.

The former secretary hands over to the agency’s director of communications.

The process was part of efforts to make the NNPC and the oil sector more more transparent.

NEITI demands full investigation into the management of fuel subsidy payments.

Areas of proposed change include funding, access to information, inclusion of confidentiality clauses in joint venture contracts and more.

The group urges government to be decisive on fuel subsidy, saying steps must be taken to recover all subsidy payments ...

Our investigation shows that at 49 per cent, Nigeria’s dividends from the NLNG stands at $11.8 billion. That is about ...

The report wants government to revise the NNPC joint venture cash call system, eliminate fuel subsidy, and remove NNPC from ...

Politicians appointed by the former administration had urged the global EITI to pressure President Buhari to reverse his sacking of ...

Nigeria received a total of $269 billion from the oil sector between 1999 and 2008.

Absence of the Board will technically stall the work of NEITI in the extractive industries

Unrest in NEITI over dissolution of govt boards by Buhari

An ad hoc committee will look into the deal.

The group wants its principles integrated into the new government’s policy.

Government's inability to meet its obligations has resulted in several cut backs on industry programmes.

NEITI demands probe into sale of 8 oil wells transferred by NNPC to NPDC.

The report showed that $26.9 billion was earned from taxes, royalties and rents.

The losses are funds generated from the exploitation of natural resources and tax revenues siphoned from developing countries. The $1.1bn ...

Total revenue from oil mineral sources for the five years period was N23.763 trillion. The Nigerian National Petroleum Corporation, NNPC, ...

About N931.419 billion payments for fuel subsidy by PPPRA and NNPC for 2007 to 2010 not reconciled. Ghana and the government ...

NEITI made other startling revelations of corruption in the fuel subsidy scheme. ------------------------------------------- The government of Nigeria earned about N30.09 ...

The audit exercise was awarded to Taju Audu Consortium. The Nigeria Extractive Industries Transparency Initiative, NEITI has formally opened the ...

“The standards also involve disclosures of oil production figures, revenue sharing arrangement between tiers of governments.” Nigeria is set to ...

Almost every agency of the Nigerian government seems to agree that NNPC is a cesspool of corruption but the state ...

The Auditor General said 20 auditors are already being trained. The Auditor General of the Federation, AGF, Samuel Ukura, has ...