A Civil society organisation in the oil and gas sector, Policy Alert, has asked the Federal Government to release the identity of the 2020 marginal field awardees.
18 Aug 2020
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari says the corporation has become an Extractive Industries Transparency Initiative (EITI) supporting company.
20 May 2020
As the Federal Government concludes plans to host licensing round for marginal oil and gas assets later this year, stakeholders in the industry have insisted that the inclusion...
13 Dec 2019
In compliance with Extractive Industries Transparency Initiative (EITI) regulations, Nigeria yesterday, unveiled a beneficial ownership register in an attempt to deepen transparency and accountability in the extractive sector.
20 Oct 2019
Nigeria may not address challenges of economic leakages, especially Illicit Financial Flows (IFFs), money laundering and illegal assets, unless the Federal Government and other stakeholders provide necessary support for the introduction of beneficial ownership register, the Civil Society Legislative and Advocacy Centre (CISLAC) has said.
13 Oct 2019
To Conserve $18b, Address Licensing, Contract Scams Challenges of Illicit Financial Flows (IFFs), hovering around $18b, being lost yearly, as well as growing contract scams in the extractive sector may by addressed soon going by attempts by the Federal Government to enforce the Extractive Industries Transparency Initiative (EITI’s) guideline on Beneficial Ownership register. The initiative,…
3 Apr 2019
Stakeholders in the extractive sector have said unless Nigeria prioritises transparency and accountability in the nation’s oil, gas and mining sector...
1 Mar 2019
Having met all the requirements of the EITI Standard, Nigeria seeks to entrench transparency in government and company systems, considering the challenges in entrenching such in the system.
30 May 2018
Former Minister of Education, Mrs Obiageli Ezekwesili and former Director of Department of Petroleum Resources, Olsten Olorunsola have urged the National Assembly to legalise the Excess Crude Account to prevent wastage of oil earnings.
23 Oct 2017
Yemi Osinbajo said this at the Beneficial Ownership Conference of the Extractive Industries Transparency Initiative (EITI) in Jakarta, Indonesia on Monday.
26 Jan 2017
The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled two documents designed to enhance transparency and accountability in the extractive industries.