Report reveals how Nigeria earned N28.6trn from oil, others in 5 years [Breakdown]
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58 trillion was remitted to the Federation Account...
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How FG, States, LGs shared N4trn in first half of 2018 [Breakdown]
Federal, states and local governments shared N3.95 trillion from the Federation Account within the first half of this year. The...
NLNG did not account for $15.9 billion oil money – NEITI
The Nigerian Extractive Industry Transparency Initiative (NEITI) has revealed that the Nigerian Liquefied Natural Gas (NLNG) did not...
Nigerians too religious, we believe oil won’t dry up – NEITI consultant, Dauda Garuba
Dr. Dauda Garuba, a consultant to Nigeria Extractive Industries Transparency Initiative, NEITI, has warned Nigerians to stop being...
Obasanjo, Yar’adua, Jonathan wasted over N70trn in 15years – NEITI
Nigerian Extractive Industries Transparency Initiative, NEITI, has accused former Presidents, Olusegun Obasanjo, late Umaru Yar’Adua and...
Nigeria’s economic woes not caused by falling oil prices only – NEITI boss, Waziri Adio
Adio, who spoke on Thursday while delivering a keynote address at the 2016 Academics Stand Against Poverty, ASAP, conference in Lagos,...
FG loses $518m to oil swap, OPA deals as NEITI, EFCC move against culprits
This is as the Economic and Financial Crimes Commission (EFCC) begins investigation of major culprits for appropriate sanctions over the...
Senate sets up ad hoc committee to consider NEITI findings
The ad hoc committee is also to develop ways of ensuring that findings of irregularities in the oil, gas and mining sectors have agencies...
Nigeria can’t say amount of crude oil it produces – NEITI
This was disclosed on Wednesday by the Executive Secretary of the agency, Waziri Adio while making a presentation on the NEITI 2013 audit...
Unremitted $13.3bn: We commited no crime – NNPC fires back at NEITI
It said the funds were utilized legally in running its operations, while the balance of the funds had been transferred to the Central...
NEITI Report: Senate invites Executive Secretary over N1trillion stolen oil revenue
In a motion sponsored by Senator Tijjani Yahaya Kaura (APC), Zamfara North, he called on the Senate to urgently look into the report. In...
Buhari appoints Onibiyo Adio as Executive Secretary of NEITI
This is contained in a statement by the Secretary to the Government of the Federation (SGF) Babachir David Lawal, signed on his behalf by...
Unbundling of NNPC will block leakages in oil, gas industry – NEITI
Dr Ogbonnaya Orji, the acting Executive Secretary of NEITI, said this at the inauguration of the initiative’s Companies’ Forum in Lagos....
NEITI, stakeholders condemn pioneer status
Pioneer Status is a tax holiday incentive, designed by the federal government and backed by the law granted to targeted industries,...
160million barrels of oil stolen under NNPC – NEITI
Executive Secretary of NEITI, Hajiya Zainab Shamsuna-Ahmed, made this known while paying a courtesy call on the Kaduna State governor,...
NEITI boss makes case for oil subsidy removal
Ahmad made the call in an interview with the News Agency of Nigeria (NAN) in Abuja. She said that the subsidy regime had been beneficial...
Osinbajo affirms FG’s readiness to implement NEITI reports
The Vice-President, Prof. Yemi Osinbajo, stated this in Abuja on Wednesday while receiving the Chairperson of the global Extractive...
NNPC is a cesspool of corruption – CPC
The Congress for Progressive Change, CPC, has swiftly reacted to the report released by the Nigerian Extractive Industry Transparency...
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