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NEITI Raises Committee On Contract Transparency In Oil, Gas Sector

NEITI Raises Committee On Contract Transparency In Oil, Gas Sector   Joint Inter-Agency Committee on the public disclosure of the contents of oil, gas and mining contracts have been set up by the Nigeria Extractive Industries Transparency Initiative (NEITI). The contracts to be disclosed include the terms...

CBN Moves To Enhance Transparency In Banking Sector

CBN Moves To Enhance Transparency In Banking Sector       The Central Bank of Nigeria has directed banks and payment service providers to separate all transactions that would typically be categorised as bulk payment upon transition. The CBN said in a circular on Wednesday that the directive was...

The Unfairness in Transparency International Report on Nigeria

The Unfairness in Transparency International Report on Nigeria By Abdullahi Haruna ( Haruspice)       The latest Transparency International's tagged 2019 Corruption Perception Index(CPI) has begun to generate diverse arguments and debates among Nigerians belonging to different socio-economic and political spectra in the country. Of course, as expected, the...

NNPC Restates Commitment to Transparency

NNPC Restates Commitment to Transparency         The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated his commitment to conducting the business and operations of the corporation in a transparent manner, with a view to placing it on the path...

Fed Govt Pushes For Transparency In Oil Industry

Fed Govt Pushes For Transparency In Oil Industry       The Federal Government is seeking to bring transparency in oil industry and impose sanctions on firms that fail to, or partially publish details of their contracts as well as payments to governments and private sector annually. The Federal...

PIB: Host Communities And Transparency In  Nigeria’s Oil Sectors   

PIB: Host Communities And Transparency In Nigeria’s Oil Sectors    By Hon Abdullahi Mahmud Gaya   Petroleum Industrial Bill (PIB)  was introduced to the National Assembly in 2007 contrary to all Nigerians expectations. The Bill, in its wholesale form, has survived three presidents and four convocations of the National Assembly....