The Nigeria Extractive Transparency Initiative, NEITI, yesterday, raised an alarm over the rising debt profiles of states in the country, stating that the 36 states of the Federation are indebted to the tune of N3.342 trillion as at the end of 2016. NEITI, in the...

The internally generated revenue (IGR) of Lagos State rose by approximately N33 billion from 2015 to 2016, beating 33 states put together. According to a report by the Nigeria Extractive Industries Transparency Initiative (NEITI), the state recorded an IGR of N301.19 billion, a rise of...

The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigerian National Petroleum Corporation (NNPC) is yet to remit 15.8 billion dollars collected from Nigeria Liquefied Natural Gas (LNG) to the Federation account, in spite of the report submitted to the Federal Government. Acting Executive Secretary of...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled two documents designed to push the boundaries of implementation of transparency and accountability in the extractive industries in Nigeria. In a statement made available to Economic Confidential by NEITI Director of Communication Orji Ogbonnaya Orji, said...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said a total of 67,164.02 tons of lead and zinc ore worth $23,561,886.63 were extracted and exported from the country in 2014, making them the highest exported solid minerals in the country for that period. NEITI, which...

Nigeria earned $55.5 billion from the oil and gas sector and N55.82 billion from the solid minerals sector in 2014, the latest audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) have revealed. The NEITI 2014 audit reports also show that a total of...