Nigeria Extractive Industries Transparency Initiative (NEITI)

Oil & gas: Nigeria earns $831.1bn in 24 years

The oil and gas sector generated over $831.14 billion in revenue for Nigeria between 1999 and 2023, according to the…

3 months ago

NEITI to complete 2022-2023 audit reports, September

The Nigeria Extractive Industries Transparency Initiative (NEITI) has deployed its automated information-gathering infrastructure, the NEITI Audit Management System (NAMS), for…

1 year ago

Subsidy scam: Nigeria spent N13.7trn between 2005, 2020 ― NEITI report

Facts emerged on Thursday that the sum of N13.7 trillion ($74.386 billion) was spent on the payment of fuel subsidy…

3 years ago

No govt financial transaction will be done in secret ― Buhari

President Muhammadu Buhari has assured that very soon, all government financial transactions will be done in the open. This was…

5 years ago

FG, states, others shared N8.1 trillion in 2019 ― NEITI

THE sum of N8.15 trillion was shared between the Federal,   States, Local Governments and other statutory recipients by the Federation…

5 years ago

Stakeholders call for efficient governance structure, special courts to curb oil theft

STAKEHOLDERS in the Nigerian oil and gas sector have called for coordinated security response, efficient governance structure, special courts and…

5 years ago

NNPC records 45,347 pipeline breaks in 18 years

The Nigerian National Petroleum Corporation (NNPC) said it recorded 45,347 pipeline breaks in 18 years as it laid out steps…

5 years ago

FG, states, LGs, others share N2.273trn in third quarter of 2019

THE Federation Account Allocation Committee (FAAC) has disbursed N2.273 trillion to the three tiers of government and other statutory recipients…

5 years ago

FAAC disbursements increased by 32% to N8.5 trillion in 2018 ― NEITI

THE Federation Allocation Account Committee (FAAC) disbursed N8.5 trillion to the three tiers of government and others, the first time…

6 years ago

Oil, gas sector generate $17.05 billion in 2016 ― NEITI

THE latest report of the Nigeria Extractive Industries Transparency Initiative (NEITI), on Friday, revealed that the total financial flows from…

6 years ago

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