![Oil field [PHOTO CREDIT: Businessday]](https://media.premiumtimesng.com/wp-content/files/2020/06/oilfield.png)
Nigerian CSOs seek role in 2020 oil licensing process
The group specifically demanded the inclusion of two civil society representatives in the screening team.
Tag: Nigerian Extractive Industries Transparency Initiative
ANALYSIS: Failed Promises On Refineries: Will Kyari be different from predecessors?
Between 1993 and 2016, the federal government may have spent about $6.065 billon on the rehabilitation of the four refineries.
OPEC, NEITI hail Kyari’s appointment as NNPC GMD
President Muhammadu Buhari on Thursday appointed Mele Kyari as the 19th Group Managing Director of the NNPC.
What Nigerians expect from proposed petroleum industry law – Experts
The discussants express hope that the law will provide a legal framework for transparency in the industry.
![Crude oil extraction [Photo credit: Bloomberg]](https://media.premiumtimesng.com/wp-content/files/2015/08/crude-oil-extraction-e1439318146447.jpg)
2019: Use your votes to bargain speedy passage of PIB, NEITI tells Nigerians
Nigeria is believed to be losing billions of dollars as a result of the continued delay in passage of the ...
How NEITI can help Nigeria recover billions of Naira unremitted revenue – Falana
The lawyer urges NEITI to invoke its prosecution powers against erring entities.
NNPC should be made to account for N5.15 trillion – NEITI
The report revealed that Nigeria’s oil and gas revenues dropped from $54.5 billion in 2014 to $24.8 billion in 2015.
NEITI wants excess oil revenue, stabilisation funds transferred to sovereign wealth agency
NEITI wants the Norwegian or Angolan model of savings implemented.
Why Nigerian govt, states must establish functional sovereign wealth fund – NEITI
The federal and 36 state governments must remove bottlenecks to a functional sovereign wealth fund, SWF to provide cover against ...
Crude oil losses: Group demands installation of meters on oil-well heads
Multi-national oil companies mostly want the meters at the oil tank farms and export terminals.
Nigerian lawmakers politicising passage of PIB, former NEITI chair says
The PIB is the draft law containing proposed legal, fiscal and regulatory frameworks guiding operations of the country's petroleum industry.
Nigeria’s state-oil firm, NNPC, lost N418.97 billion in 21 months – Report
Nigeria’s crude oil production dropped by about 27.2 per cent between January 2015 and September 2016.
How we are transforming Nigeria’s solid mineral sector – Fayemi
“The target of the ministry is to achieve 5 per cent contribution to the gross domestic product (GDP) by 2020."
House of Reps probes NNPC over Crude Oil Swap Scam
An ad hoc committee will look into the deal.
​Malabu-like deals cost Nigeria, other developing nations $1 trillion yearly — Report
The losses are funds generated from the exploitation of natural resources and tax revenues siphoned from developing countries. The $1.1bn ...
Jonathan wants EITI to help track illegal exporters, refiners of Nigeria’s stolen crude oil‬
President Jonathan argues that EITI should treat stolen crude like blood diamonds. President Goodluck Jonathan on Monday in Abuja implored ...
Transparency groups list Nigeria, 24 others as home of illicit extractive industry finances
Civil Society groups from 30 countries converged in Tanzania Nigeria has been listed among 25 countries where, since the 1980s, ...
NEITI may sanction accounting firm over delayed report
The auditing firm failed to deliver on its contract. The Board of the Nigerian Extractive Industries Transparency Initiative, NEITI, may ...