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NEITI seeks sanctions for oil companies underpaying govt

By Obas Esiedesa The Nigeria Extractive Industries Transparency Initiative, NEITI, has said it was entering into partnerships with anti-corruption agencies of the Federal Government to enforce compliance and sanctions in

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Nigeria’s Actual Daily Oil Production Unknown, NEITI Insists

The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday doubled down on its recent disclosure that Nigeria does not know its actual daily oil production. The Executive Secretary of the

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EFCC, NEITI to Strengthen Collaboration against Corruption in the Extractive Sector

EFCC By Soni Daniel The Economic and Financial Crimes Commission EFCC and the Nigeria Extractive Industries Transparency Initiative (NEITI), today April 23, 2021 resolved to strengthen their collaboration in fighting

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AGF promises to help NEITI track oil & gas revenue

Oil pipeline By Emma Ujah – Abuja The Office of the Accountant General of the Federation (OAGF) has pledged to support the Nigeria Extractive Industries Transparency Initiative (NEITI) in tracking

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We have accurate record of crude production, DPR replies NEITI

Oil pipeline The Department of Petroleum Resources (DPR) on Friday defended itself against claims by the Nigeria Extractive Industries Transparency Initiative, NEITI, that no Nigerian knows the exact volume of

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No one knows for certain how much crude oil Nigeria produces ― NEITI

Oil pipeline By Obas Esiedesa – Abuja The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji has stated that no Nigerian knows the exact

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Developing countries losing $1trn annually to illicit financial flow – NEITI

…CAC opens register for company’s real owners By Obas Esiedesa THE Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Dr. Orji Ogbonnaya Orji has disclosed that developing countries

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N69.51bn, $5.31bn still unrecovered from oil industry operators — NEITI

By Obas Esiedesa The new Executive Secretary, Nigeria Extractive Industries Transparency Initiative, NEITI, Dr Orji Ogbonnaya Orji, has revealed that statutory recoverable revenues amounting to N69.51 billion and $5.31 billion

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NEITI seeks new approach to attract investments to petroleum industry

By Obas Esiedesa THE new Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Orji Ogbonnaya Orji has said that the agency is offering a new approach to