The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments in the National Oil Company, as part of ongoing efforts to strengthen and reposition NNPC for greater efficiency, transparency and profitability in line with the Next Level Agenda of President
Abuja, July 6th 2020. The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on the government to insulate the economy from the perennial oil price volatility by weaning Nigeria off its unhealthy dependence on oil which accounts for the bulk of its revenues and foreign exchange earnings.
In resource-rich developing countries, sharp decreases in extractives revenues are coinciding with intense and urgent healthcare spending priorities. Earlier this week an expert panel, moderated by EITI Chair Rt. Hon Helen Clark, discussed the implications of the Covid-19 pandemic, and how transparency can help countries navigate its challenges.
The Nigeria Extractive Industries Transparency Initiative (NEITI) is finalizing arrangements to conduct virtual trainings for the Media and the Civil Society Organisations (CSOs) on the revised 2019 EITI Standard.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on the Federal Government to ensure full compliance to the laws and regulations guiding the solid minerals sector in Nigeria.