The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed seven oil regulations. This is part of the efforts of the Federal Government to boost metering of crude oil operations in the upstream sector of the petroleum industry. The new regulations…
Seventy-seven oil companies owe the Federal Government N2.6 trillion debts, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said. The debt arises from the failure to remit petroleum profit tax, company income tax, value-added tax, royalty, and concession on rentals.…
President Muhammadu Buhari has approved the appointment of Dr Ogbonnaya Orji as the Executive Secretary, Nigerian Extractive Industries Transparency Initiative (NEITI). Mr Willie Bassey, the Director Information, Office of the Secretary to the Government of the Federation, announced the appointment…
