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Nigeria Extractive Industries Transparency Initiative

Use our reports to reform the oil sector, NEITI tells Reps

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NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has appealed to the National Assembly to use the findings of its audit reports to push for wider reforms in the oil and gas industry. The Executive Secretary of NEITI, Waziri Adio, made the appeal on Thursday in Abuja, while receiving members of the House of Representatives’ Committee […]

NEITI: 481 firms paid royalties in 2015, as cement, others major contributors

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NEITI

…as Ogun, Kogi, C’ River lead Only 481 companies operating under government approved mining or quarrying licences paid royalties in 2015, the latest independent audit report of the Nigeria Extractive Industries Transparency Initiative, NEITI, shows. Of the 481 companies, only 42 met the N3 million and above materiality threshold and accounted for over 87 per […]