..Says $2.6bn yet to be recovered from companies as at March, 2022 The Federal Government has recovered a total of N2.6 Trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention. NEITI said a…
…Partners National assembly to recover N1.5trn taxes, fees By Uthman Salami The Nigerian Extractive industries Transparency Initiative (NEITI) has published a N2.6trn debt report for 2019 on oil and gas companies, disclosing that companies within the sector have paid over…
A roadmap on Nigeria’s engagements in the energy transition programme is to be unveiled soon by the Nigeria Extractive Industries Transparency Initiative (NEITI). The Executive Secretary of NEITI, Dr. Orji Ogbonnaya Orji, announced this in Abuja at a workshop held…
The Nigerian Extractives Industries Transparency Initiative (NEITI) on Monday handed over the global Open Government Partnership (OGP) Award won by Nigeria in December 2021 to President Muhammadu Buhari. The award was won during the last Global Summit of OGP member…
The Nigerian National Petroleum Company Ltd. (NNPC); Federal Inland Revenue Services (FIRS); Department of Petroleum Resources (DPR) now Nigeria Upstream Petroleum Regulatory Commission (NUPRC) and Ministry of Mines and Steel Development (MMSD) have generated a total of N28.02 trillion between…
…Industry generates N128.27bn in 2020 The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that over 2,000 companies operating in Nigeria’s solid minerals industry are indebted to the federation accounts to tune of N2.76 billion. This was made known in…
The Nigeria Extractive Industries Transparency Initiative (NEITI), said oil and gas companies liabilities to the Federation Accounts as at Dec. 31, 2020 was N1.32 trillion. Dr. Orji Ogbonnaya Orji, the Executive Secretary, NEITI made this known on Monday in Abuja…
…Says FG’s political will, enormous resources invested in Extractive industry yielding results The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr Orji Ogbonnaya Orji, has expressed excitement that the international community is beginning to see Nigeria’s efforts…
The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) said it would work with Nigeria Extractive Industries Transparency Initiative (NEITI) to deepen Nigeria’s implementation of contract transparency and beneficial ownership disclosures in Nigeria. The Chief Executive Officer of NUPRC, Mr Gbenga Komolafe…
The Federal Government has inaugurated the governing board of the Nigeria Extractive Industries Transparency Initiative (NEITI) to enhance the smooth running of its administration. Mr Boss Mustapha, Secretary to the Government of the Federation (SGF), who performed the inauguration on…
