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Nigeria Extractive Industries Transparency Initiative

10 Sep
As part of measures to drive transparency and ensure the extractive sector benefits the masses, the Nigeria Extractive Industries Transparency Initiative (NEITI)
16 Jul
Minister of Mines and Steel Development, Olamilekan Adebgite, Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Orji Ogbonnaya Orji, and other stakeholders
9 Jun
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the only stronger and deeper partnership with the media can ensure prudent management of revenue from the extractive sector
22 Apr
Federal Ministry of Environment and Nigeria Extractive Industries Transparency Initiative (NEITI) has concluded plans to ensure compliance with environmental requirements in the extractive industries.
15 Oct 2020
The Nigeria Extractive Industries Transparency Initiative (NEITI), yesterday, scored oil companies and government agencies high in complying with its 2019 oil and gas industry audit. The watchdog said there was improved obedience to the exercise. The Executive Secretary, Waziri Adio, in a report on compliance assessment in Abuja, said the performance was impressive. The review…
28 Aug 2020
Although Nigeria has one of the largest bitumen deposits in the world with over 42.74 billion metric tonnes (bmt), it has continued to waste its scarce foreign exchange earnings on imports...
16 Mar 2020
Despite being blessed with a lot of solid minerals, the sector has only contributed N400 billion to the Nigerian economy in 12 years.
17 Dec 2019
The Federal Government has reiterated commitment to sustaining the fight against corruption in line with the provisions of the constitution.
23 Sep 2019
Stakeholders in the economy yesterday expressed worry about the disparity between huge government earnings and growing poverty in the country. This followed the report by the Nigeria Extractive Industries Transparency Initiative (NEITI) showing that N28.58 trillion was remitted to the Federation Account between 2012 and 2016.
31 Jul 2019
The Nigerian National Petroleum Corporation (NNPC) yesterday restated its commitment to transparency and due process, especially with regard to an alleged breach of Treasury Single Account (TSA) policy.
28 Feb 2019
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said $18 billion of revenue expected to address the nation's under-development is diverted yearly in illicit financial flows (IFFs). Presenting a report on "Averting Illicit Financial Flows in Nigeria's Extractive Industry" yesterday in Abuja, NEITI Executive Secretary, Waziri Adio, noted that over 30 per cent of the…
7 Feb 2018
The Nigeria Extractive Industries Transparency Initiative (NEITI), has expressed concern over the non-implementation of its findings and recommendation concerning dealings in the oil and gas industry.    The Executive Secretary, Waziri Adio, while speaking in Abuja recently, said there several reports with far-reaching recommendations that have been placed in the public domain with clear challenges…

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