Nearly two years after the Nigerian National Petroleum Company (NNPC) Limited announced plans to reduce the cost of oil production to about $10 per barrel, this effort has been frustrated by recurring oil theft...
18 Dec 2019
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...
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.
8 Oct 2019
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.
19 Aug 2019
The Nigeria Extractive Industries Transparency Initiative (NEITI) and Office of the Auditor General of the Federation (AGF) have revealed that national planning in Nigeria...
6 Aug 2019
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...
21 Jun 2019
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…
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...
7 Mar 2019
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the satisfactory validation by the international board of the organisation would attract...
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.
29 Oct 2018
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.
13 Aug 2018
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.