NEITI Seeks NASS Partnership On Transparency The Nigeria Extractive Industries Transparency Initiative (NEITI) has renewed its appeal to the National Assembly to use the findings of its audit reports to push for wider reforms in the oil and gas industry. The NEITI Executive Secretary, Waziri Adio,...

NEITI: NNPC Illegally Withholding $16bn NLNG Dividends The Nigerian National Petroleum Corporation (NNPC) has yet to provide documentary evidence to show that the presidency actually authorised it to withhold and disburse funds paid to it as dividends by the Nigeria Liquefied Natural Gas (NLNG) Limited,...

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017 Nigeria earned no revenue into her Federation Account from its solid minerals sector in the first nine months of 2017, a quarterly review of revenues that went into the account by the Nigeria Extractive...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that Nigeria accumulated a total of $201.2bn in Excess Crude Account and squandered within 10 years. NEITI made the disclosure in its Occasional Paper (Issue 2) made available to our correspondent in Abuja on Monday. The publication,...

The Nigeria LNG Limited says it has no outstanding dividend payments to the Federal Government and continues to conduct its business in accordance with regulations and the laws of the Federal Republic of Nigeria. The company said in a statement on Sunday that its attention...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has asked the Federal Government to put in place urgent measures to recover the sums of $21.778 billion and N316.074 billion from the Nigerian National Petroleum Corporation (NNPC) and its subsidiary, the Nigerian Petroleum Development Company (NPDC). NEITI...