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However, stringent measures are taken to protect legitimate rights, liberty and freedom of the asset owners in managing the disclosures and use of the information.
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Increasing citizens’ desire to push the boundaries of oil, gas and mining industry reforms beyond disclosure of company payments and government revenue receipts led to the need for more specific information
The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI). Orji Ogbonnaya Orji has tasked oil and gas companies to pay over $2 billion in debt owed to the Federal Government
Federal Government has recovered a total of N2.6 Trillion in revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention.
Stakeholders in Abuja have raised serious concerns over the growing rate of inequality in Nigeria, insisting the mismanagement of natural resource wealth is fuelling the development.
Prof. Damilola Sunday Olawuyi is a Senior Advocate of Nigeria and an international jurist with expertise in petroleum, mining, energy and environmental law.
Stakeholders, yesterday in Abuja, raised serious concern over loopholes in revenue collections and remittances to government accounts by Federal Government agencies, a development, which may have resulted in over $1.3 billion
The Nigeria Mining Cadastre Office (MCO) says the agency is working closely with the Nigeria Extractive Industries Transparency Initiative (NEITI), the Economic and Financial Crimes Commission (EFCC)
At a time Nigeria is borrowing heavily, revenue by four Federal Government agencies generated N28.02 trillion between 2017 and 2019.
The Civil Society Representative on the Nigeria Extractive Industries Transparency Initiative (NEITI) Board, Peter Egbule, has stated that plans are ongoing to deploy a functional beneficial ownership register by July this year, noting that the register would be accessible to both public and private users in the country.
Players in the financial and oil sector were yesterday, divided over-indebtedness of oil companies operating in Nigeria to the government, amidst the country’s borrowing spree...