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Tag: Nigeria Extractive Industries Transparency Initiative (NEITI)

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SERAP Urges Tinubu to Probe Missing $15bn In Oil Revenue, N200bn For Refinery Repairs From 2020-2021

By Ayo Yusuf The Socio-Economic Rights and Accountability Project, SERAP, has urged President Bola Tinubu to “set up a presidential panel of enquiry to promptly...

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NEITI: Delta, Akwa Ibom, Rivers States Pocket N242 Billion In Six Months In Revenue Allocations

By Ken Afor Three states in the Niger Delta region have received the sum of N242 billion within six months in 2023 from the Federation...

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FG Generates N193.59bn From Solid Minerals In 2021 – NEITI

By Agency Report The Federal Government generated N193.59 billion from the solid minerals sector in 2021. The sector also contributed N814.59 billion between 2007 and 2021,...

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Federal, States, LGs Share N4.37trn FAAC Allocations Jan-June 2023 – NEITI

By Agency Report The three tiers of government – the Federal, States and Local Government Councils (LGs), shared a total of N4.37 trillion from the...

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Nigeria Has Lost $46 Billion Worth Of Crude Oil To Theft

By Tsvetana Paraskova In the decade to 2020, Nigeria lost to oil theft more than 619.7 million barrels of crude oil valued at $46.16 billion,...

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Removal Of Fuel Subsidy Will Free Country’s Economy From Bondage – NEITI

The Nigeria Extractive Industries and Transparency Initiative (NEITI) has reiterated its position on the removal of fuel subsidy, saying such move will free the...

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Fuel Crisis: Stakeholders Brainstorm On Full Operation Of Modular Refineries

Stakeholders in the oil sector have resolved that full operation of modular refineries as proposed in some quarters, will go a long way in...

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