NEITI’s Quest For Reform In Extractive Sector   The works the Nigeria Extractive Industries Transparency Initiative is doing make the country’s extractive sector more accountable should go beyond the award of satisfactory complaint status to supporting the country in reforming the sector. Recently, Nigeria’s pioneering use of...

Unearned Income From PSCs May Fund Mambilla Plant, Others - NEITI The Nigeria Extractive Industries Transparency Initiative (NEITI) has said revenue Nigeria did not earn from its failure to review terms in the Production Sharing Contracts (PSCs) it signed with the oil companies in the...

Over Oil Frauds, NEITI MEETS EFCC, Others To further deepen the fight against fraudulent activities in the extractive industry, particularly in the oil and gas sector, the Nigeria Extractive Industries Transparency Initiative on Tuesday held a meeting with officials from the Nigeria Police Force, the...

Oil Sector, Highest Contributor To Illicit Financial Flows – NEITI Report   Business operators in Nigeria’s oil and gas sector contribute the most to the illicit financial flows recorded annually in Nigeria, a report by the Nigeria Extractive Industries Transparency Initiative and Trust Africa has stated. It...

Stolen Funds Recovery Necessary For Anti-Corruption Fight, Says NEITI The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the recovery of proceeds from corrupt financial acts which denies perpetuators the benefits of such crimes will advance Nigeria’s desire to end endemic corruption in the country. Speaking...

NEITI To Unveil Owners Of Mining, Oil Assets In 2019   The Nigeria Extractive Industries Transparency Initiative (NEITI) has set December 31, 2019, for the unveiling of a comprehensive register of beneficial owners of oil, gas and mining companies in Nigeria. The Executive Secretary, NEITI, Dr. Waziri...