Nigeria has an unpaid gas royalty of $559.8 million and an unpaid gas flare penalty of $828.8 million. This is according to the Nigerian Extractives Industries Transparency Initiative (NEITI). The Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, said…
A report by the National Oil Spill Detection and Response Agency (NOSDRA) has revealed that oil producing companies in Nigeria flared 92.3 million standard cubic feet (mscf) of gas between January and April 2023. According to the data obtained from…
Oil and gas have remained the honey pot of the Nigerian economy for no less than four decades. The concentration on the resources as the major seat of the Nigerian economy, has however been coloured with some deficiencies in terms…
