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Business

FG Inaugurates NEITI’s Governing Board

The Federal Government has inaugurated the governing board of the Nigeria Extractive Industries Transparency Initiative to enhance the smooth running of its administration. Secretary to...

Business

NEITI Reveals: FG Earned $34.22bn From Oil, Gas Sector In 2019

The federal government earned a total sum of $34.22bn (N14 trillion) from the oil and gas sector in 2019, a financial report by the...

Headline

Deferred Meeting: What Presidency Should Do Before Reconvening — S’South Leaders

*Rescheduled meeting should be all-inclusive for accountability, group tells Governors From Ameachi Prosper (The New Diplomat's Delta Correspondent) Leaders and stakeholders of the South-South geopolitical zone...

Business

FAAC Disburses N2.054 Trillion In Q3 As Rivers, Lagos, A-Ibom, Delta Net Colossal N144Bn

*Stakeholders commend NEITI for transparency, demand accountability from States for huge FAAC receipts The Federation Account Allocation Committee (FAAC) has reportedly disbursed a colossal amount...

Economy

How FG, States, LGAs Shared N1.95tn In Q1, By NEITI

The Nigerian Extractive Industries Transparency Initiative (NEITI) says the Federation Accounts Allocation Committee (FAAC) disbursed a total of N1.95 trillion to the federal, state,...

Business

Solid Mineral Sector Contributes N52.75bn Revenue In 2017, Says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) said the solid minerals sector contributed N52.75 billion to federation revenue in 2017. NEITI in its latest report...

Business

Nigeria Loses $16bn To Oil Companies, Says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) said that Nigeria lost at least $16 billion in ten years due to non-review of the 1993...

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