‘How app will address transparency in extractive sector’
Stakeholders in the oil, gas and mining sector in the country are counting on the use of an application; RemTrack to improve transparency and accountability in the industry, particularly in forcing oil companies...
Nigeria averts sanction, unveils BO register for transparency, accountability
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.
Stakeholders raise concern over poor metering for crude in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI), and other stakeholders in the oil and gas sector, yesterday, in Abuja, insisted that inadequacy in the metering of crude oil production in the country could continue to affect the nation’s revenue.
‘Data hoarding in government agencies bane of national planning’
The Nigeria Extractive Industries Transparency Initiative (NEITI) and Office of the Auditor General of the Federation (AGF) have revealed that national planning in Nigeria...
Don’t drag NNPC to politics under FOI guise, Kyari warns
The Nigerian National Petroleum Corporation (NNPC) has urged the public to be wary of attempts to drag the corporation into politics in the guise of requests for information...
OPEC, others commend Buhari for appointing Kyari NNPC GMD
The Organisation of the Petroleum Exporting Countries (OPEC) and the Nigerian Extractive Industries Transparency Initiative have commended Mr Mele Kolo Kyari’s appointment as NNPC boss. The organisations gave the commendation in a statement signed by the NNPC spokesman, Mr Ndu Ughamadu. News Agency of Nigeria (NAN) reports that President Muhammadu Buhari on Thursday appointed Mr…
Stakeholders advocate accountability, transparency in extractive industries
Stakeholders in the extractive sector have said unless Nigeria prioritises transparency and accountability in the nation’s oil, gas and mining sector...
Oil sector’s ranking to boost FDIs, GDP, says NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the satisfactory validation by the international board of the organisation would attract...
NEITI wants immediate action on remediation issues from audit report
The Nigerian Extractive Industry Transparency Initiative (NEITI) on Monday called for urgent action on some of the remediation issues identified in its audit reports on the industry to ensure value on investment.
National Assembly to address transparency in oil sector with parliamentary forum
Senate and House of Representatives committees on extractive industries have concluded arrangements to address the challenges of transparency and accountability in the oil sector through a parliamentary forum.