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EFCC To Probe Oil & Gas Firms Over Failure To Comply With NEITI Audit

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has threatened to investigate oil & gas companies and government agencies over their failure...

Business

NEITI reports Nigeria produced 5trn cubic feet of gas over two years

In the last two years, Nigeria has achieved a remarkable production of at least five trillion standard cubic feet of natural gas, underscoring the...

Business

Revenue generation threatened as oil, gas companies owe Nigerian govt $6bn, N66bn, says NEITI

The ability of the Federal government to generate revenue is threatened as the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed huge revenue debt...

News

NEITI reports N3.473trn shared among federal, state, local govts in Q2 2024

The Nigeria Extractive Industries Transparency Initiative (NEITI) announced on Monday that the Federation Accounts Allocation Committee (FAAC) distributed N3.473 trillion to the three tiers...

Business

Copper Thieves Pose Challenge To U.S. Oil Companies – Baker Hughes Manager

Copper theft has become a growing concern for oil companies in the United States, mirroring the challenges faced by their counterparts in Nigeria. Keit...

Business

NEITI Receives Financial Reports Of 198 Private, Public Institutions For Industry Audit

The Nigerian Extractive Industries Transparency Initiative (NEITI) said it has received the cooperation of 198 firms and government agencies in the oil, gas, and...

Business

NEITI Builds First Extractive Industries Data Centre

The Nigeria Extractive Industry Transparency Initiative (NEITI), which has consistently set the pace for innovative implementation of the global Extractive Industries transparency initiative has...

News

Nigeria Needs Robust Framework To Combat Methane Emissions- Stakeholders

To combat methane emissions and ensure that Nigeria eliminates gas flaring by 2030, stakeholders in the country have called for a robust framework to...

Business

Our Conduct Of Licensing Rounds, Gas Commercialization Demonstrates Transparency, Accountability— NUPRC

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that how it conducts licensing rounds and gas commercialisation shows its level of transparency and...

News

NEITI to unveil 2022/2023 oil, gas, solid minerals reports September – Orji

Executive Secretary, NEITI, Dr Orji Ogbonnaya Orji, said this at the global Extractive Industries Transparency Initiative (EITI) media briefing on Friday in Abuja.He said...

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