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Tag: NEITI
NEITI recommends that NNPC accounts for N5.15trn
The Nigerian Extractive Industries Transparency Initiative (NEITI), on Friday, released its 2015 Oil and Gas Industry Audit Report. One of the most prominent recommendations of the report is that the…
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“NNPC does not see a penny from crude sales” – GMD
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, in response to some reports, especially from the Nigeria Extractive Industries Transparency Initiative (NEITI), says monies from…
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[The Activism Blog] This NEITI report finally proves why Nigeria doesn’t need oil
The Nigeria Extractive Industries Transparency Initiative (NEITI) has done an audit of Nigeria's Oil and Gas industry in 2014, and a couple of observations were made. Of prominence is that…
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Waziri Adio: The need to stop eating with ten fingers
by Waziri Adio A popular saying admonishes us not to eat with ten fingers. This axiom is not a homily about table manners. It is a metaphor about the virtue…
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All savings from Nigeria’s oil cannot fund 20% of 2017 budget – NEITI
Nigeria Extractive Industry Transparency Initiative (NEITI) highlights that savings from oil products cannot fund 20 percent of 2017 budget. In its second occasional paper series unveiled by its executive secretary, Waziri…
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#NEITISMW: How social media [Influencers] can reform, manage Nigeria’s oil, gas & mining sectors (READ)
The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged social media influencers in the country to lead the advocacy for massive reforms in the management of the country’s oil, gas…
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‘NNPC yet to remit $15.8bn to FG account’
by Azeez Adeniyi The Nigeria Extractive Industries Transparency Initiative has said despite its report, the Nigerian National Petroleum Corporation is yet to remit $15.8bn collected from Nigeria Liquefied Natural Gas…
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How NNPC failed to remit $15.8bn NLNG dividends – NEITI (READ)
Nigeria earned $55.5 billion from the oil and gas sector and N55.82 billion from the solid minerals sector in 2014, the latest audit reports of the Nigeria Extractive Industries Transparency…
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Simon Kolawole: Unleash $200billion to grow the Naira
With due respect, I would say Nigerian lawmakers are “fantastically” failing to earn their stripes. They love to be called “honourable” and “distinguished” — and I don’t have any problems…
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Godwin Okpene: New strategy needed for the PIB
By Godwin Okpene By December this year, the Petroleum Industry Bill (PIB) would have clocked sixteen years and eight months in the making, and more than eight and half years…
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Waziri Adio: Recession as opportunity for reversing resource curse
And, sadly, it came to pass. It is well predicted that most countries blessed with natural resources, even in the best of times, perform worse economically than countries not so…
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The 9 banks barred from forex transactions – how they got on the list
by Roqeebah Olaoniye The bar On Tuesday 23rd August, the Central Bank of Nigeria released an updated list of 9 banks who failed to remit $21.2billion meant for the Nigerian National…
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How NNPC failed to remit $3.8bn, N358.3bn to FG in 2013
A recently released report by the Nigeria Extractive Industries and Transparency Initiative (NEITI) has alleged that the Nigerian National Petroleum Corporation failed to remit $3.8 billion and N358.3 billion to…
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Buhari appoints Waziri Adio as new NEITI Executive Secretary
President Muhammadu Buhari has appointed Waziri Adio as the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI). News of Adio's appointment was disseminated on Tuesday, by Bolaji Adebiyi, the director of press in…
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Olusegun Adeniyi: Why Nigerians should thank Sanusi for the NNPC letter
by Olusegun Adeniyi One, if indeed Sanusi authored the letter, it could mean that his relationship with the president had broken down to such an extent that he no longer…
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Olusegun Adeniyi: Oil theft and criminal cartels
by Olusegun Adeniyi And in another country where leaders are actually accountable to the people, several public officials would have lost their jobs by now, assuming they are not already…
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We watch closely: NEITI begins audit of oil states’ allocations
by Ebere Agina The Nigeria Extractive Industries Transparency Initiative (NEITI) has commenced the audit of physical allocations and statutory disbursement of the extractive industry from 2007 to 2011 with an…
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Wow! Oil companies owe Nigeria N1.57 trillion, greater than our capital budget
by Stanley Azuakola On Friday, the Country Chair of Shell in Nigeria, Mutiu Sunmonu expressed his dissatisfaction with the current Petroleum Industry Bill before the National Assembly. But before he…
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The September Standard
- Unlock a Healthier You: Essential Resources for Holistic Well-being
- How Your Diet Could Be Making Your Snoring Worse
- Celebrating Nigerian Trailblazers: Inspiring Women in Fashion
- Silk: Unraveling Threads of Elegance and Innovation
- Grammy Awards 2024 Red Carpet Fashion: Hits and Misses that Stole the Spotlight
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
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