The Nigeria Extractive Industries Transparency Initiative (NEITI) has commended Spaces For Change (S4C) for its significant advocacy efforts in empowering local communities affected by oil and gas operations. NEITI acknowledged S4C’s role in strengthening the capacity of citizens to hold…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged oil companies operating in Nigeria to prioritise the development of their host communities. NEITI’s Executive Secretary, Dr Orji Ogbonnaya Orji, made the call at the official presentation of a Policy Brief…
The Nigeria Extractive Industries Transparency Initiative has revealed that, as of August 2024, oil and gas operators owe the Federal Government a total of $6.1 billion in unpaid royalties, taxes, rents, and other collectible revenues. This outstanding amount reflects the…
Efforts are underway to recover $6 billion, alongside an additional N66 billion, owed to the Federal Government by stakeholders within the oil sector. Mr Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), disclosed this on…
The Nigerian Extractive Industries Transparency Initiative (NEITI) has urged the Nigerian National Petroleum Company Limited (NNPCL) to fast-track action on the ongoing rehabilitation of Phase Two Port Harcourt Refinery Company Limited and Kaduna Refinery. The watchdog organisation made the call…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has emphasised the importance of accountability and transparency in the nation’s energy sector. The Executive Secretary, Dr Orji Ogbonnaya Orji, said this at the Association of Energy Correspondents Annual Strategic International Conference on…
By Lanre Shodimu Nigeria’s quest for transparency in the extractive industries has reached a significant milestone, with the Nigeria Extractive Industries Transparency Initiative (NEITI) leading the charge. The NEITI was established to promote openness and good governance, and ensure more…
The latest report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed a 14 percent decline in petrol importation for 2023. A total of 20.28 billion litres of premium motor spirit (PMS) were imported this year, down from 23.54…
The Nigeria Extractive Industries Transparency Initiative (NEITI), says outstanding collectible revenues due to the Federal Government in the oil and gas industry have risen to 6.071 billion dollars and N66.4 billion as at June 2024, respectively. NEITI disclosed this on…
The National Oil Spill Detection and Response Agency (NOSDRA) and the Nigeria Extractive Industries Transparency Initiative (NEITI), have reiterated commitments to reduce gas flaring in Nigeria. The stakeholders stated this at the National Extractives Dialogue 2024, in Abuja on Friday.…
