NEITI Reveals Oil Firms, Agencies Owe FG N1.5tn in Unremitted Revenues
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that oil companies and some government agencies owe the federation about N1.5tn in outstanding oil and gas remittances.
NEITI’s Executive Secretary, Dr Orji Ogbonnaya Orji, stated...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has endorsed the recent decision of the Federal Government to revoke 1,263 mineral licences.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed concern over the volume of gas flared in 2023, amounting to 183.408 billion standard cubic feet (SCF).
The Nigeria Extractive Industries Transparency Initiative (NEITI) has pledged to strengthen transparency in the oil and gas sector and review the recent divestments by international oil companies.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that revenue-generating agencies currently owe the government a total sum of N9.3tn in unremitted liabilities.
NEITI Reveals Oil and Gas Industry's $6.1bn Debt to FG
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the oil and gas industry owes the federal government a whopping $6.1 billion in outstanding liabilities as of August 2024.
These are made up of outstanding...
