FAAC allocation to FG, States and LGAs increased by 23.56% in 2023- NEITI
The Federal Accounts Allocation Committee (FAAC) allocation to the federal government, 36states and 774 LGAs increased by 23.56% to N10.14 ...
Tag: NEITI
NNPC insists no public funds was withheld as EITI rates it high on transparency
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited. Mele Kyari, has denied reports that the ...
“Nigeria’s oil and gas sector generated $764.52 billion from 1999 to 2021” – NEITI
Dr Ogbonnaya Orji, the Executive Secretary NEITI says Nigeria’s oil and gas sector generated $764.52 billion from 1999 to 2021.
NCDMB invested N46.8 billion to boost 11 gas and petrochemical companies in 2020/2021 – Report
NCDMB invested N46.8 billion to boost 11 gas and petrochemical companies in 2020 and 2021.
“NUPRC Contributes N2.7 trillion to Mineral Revenue in One Year” – NEITI
NUPRC emerged as the primary contributor to the 2020-2021 mineral revenue, accounting for a significant N2.71 trillion of the total ...
Pipeline vandalism cost Nigeria N471 billion in 5 Years: 7,143 cases recorded – NEITI
NEITI has said Nigeria recorded 7,143 pipeline vandalism cases in 5 years resulting in N471 billion spent on repairs.
NNPCL denies awarding pipeline contracts to a cabal, provides contractors’ names
The Nigerian National Petroleum Company Limited (NNPCL) has categorically refuted recent media reports suggesting the awarding of pipeline contracts to ...
How the FG can tackle crude oil theft – NEITI
The Nigerian Extractives Industries Transparency Initiative (NEITI) has provided some recommendations on how the Federal Government can tackle crude oil ...
NNPCL lifts $1.7 billion crude, sector faced 12% production dip in 2021 – NEITI
In 2021, the Nigerian National Petroleum Company Limited (NNPCL) facilitated the lifting of a total of 14.23 million barrels of ...
NEITI exposes staggering $8.264 billion unsettled debt in oil and gas sector
In a revelation of paramount significance, the Nigerian Extractives Industries Transparency Initiative (NEITI) announced that the total outstanding financial liabilities ...
