News

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on state governors of the North Western Nigeria to take advantage of huge minerals endowment scattered across the zone for the benefits of their economy and citizens.

From the 30th of July to the 1st of August, the Nigeria Extractive Industries Initiative (NEITI) held a Zonal Outreach programme in Kano State. NEITI is the Nigerian arm of a global organization known as the Extractive Industries Transparency Initiative (EITI).

The Nigeria Extractive Industries Transparency Initiative (NEITI) says it is working to involve the President directly in the implementation of remedial issues identified by its audit reports, noting that remediation still remains the weakest link in the NEITI process.

The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that N28.58trillion was remitted to the Federation Account between 2012 and 2016. The remittances came from three major sources: mineral revenues, non-mineral revenues and value added tax (VAT).

Report on a pilot study that focuses exclusively and extensively on the sale of Nigeria’s share of crude oil and gas produced in 2017 has been released today in Abuja by the Nigeria Extractive Industries Transparency Initiative (NEITI).

The Nigeria Extractive Industries Transparency Initiative (NEITI) has pledged to work closely with the Office of the Auditor General of the Federation to promote integrity in data collation, validation and management on revenues from extractive industries.

The Nigeria Extractive Industries Transparency Initiative (NEITI) says its constant engagement with the NNPC on its operations is based on the agencies mandate to promote corporate ethics, transparency and accountability in the governance of the country’s oil and gas industry.