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The Petroleum Technology Development Fund (PTDF) has not delivered visible impact in the Nigerian petroleum industry, a Nigerian Extractive Industries Transparency Initiative (NEITI) report has said. The transparency agency said despite government’s…
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that N28.58trillion was remitted to the Federation Account between 2012 and 2016, from mineral revenues, non-mineral revenues and Value Added Tax (VAT).…
The Nigerian Extractive Industries Transparency Initiative (NEITI) has disclosed that the Nigerian National Petroleum Corporation (NNPC) under-remitted N77.92billion to the federation account in 2017. The pilot study report on the…
A new report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has identified three enablers of illicit financial flows (IFFs) in Nigeria’s extractive industries. The report titled: “Averting Illicit Financial…
The Nigeria Extractive Industries Transparency Initiative said that Nigeria lost at least $16 billion in ten years due to non-review of the 1993 Production Sharing Contracts with oil companies. This…
