The Nigeria Extractive Industries Transparency Initiative, NEITI, has said it has recovered $4.85 billion from unpaid liabilities owed by oil and gas companies in the country. NEITI’s Executive ...

NEITI said the oil and gas divestments were reshaping Nigeria's industry, hence the need to ensure that the divestments adhered to due process. The Nigeria Extractive Industries Transparency ...

Oil companies owe Nigeria N9.33trn, enough to offset 72% of the 2025 budget deficit, NEITI disclosed at a press briefing.

The Nigeria Extractive Industries Transparency Initiative, NEITI, has disclosed that it will review the processes that led to the divestments of about 26 oil blocks in deals worth $6.033 billion ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said a total of $6.1 billion is owed by the oil and gas industry to the federation as outstanding liabilities as of August 2024.

Providing a broader industry overview, Orji revealed that Nigeria had earned $831 billion from oil and gas revenues since NEITI began sector audits 23 years ago. He also disclosed that over $4.85 ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion ...

Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed Seplat Energy Plc into the Extractive Industries ...

The Executive Secretary, of the Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Orji Ogbonnaya Orji, says that revenue-generating agencies currently owe the Nigerian government ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for gender inclusivity in the policy making positions in the extractive industry to enhance the principles of fairness ...

Dr. Orji listed several challenges he purportedly inherited, including operational, institutional, and governance barriers that threatened NEITI's effectiveness. He cited stakeholder apathy ...

NEITI has carefully examined the bill and acknowledges its potential to improve tax administration, streamline legal frameworks, and enhance compliance across industries, including oil, gas, and ...