Tag Archives: NEITI

Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has reaffirmed the Commission’s commitment to enhancing its partnership with the Nigeria Extractive Industries Transparency Initiative (NEITI). 

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The Nigerian Extractive Industries Transparency Initiative, on Monday, revealed that the three tiers of government shared the sum of N3.842 trillion in the first half of 2019.

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The Nigeria Extractive Industries Transparency Initiative (NEITI) has uncovered $20 billion recoverable revenues, its Executive Secretary, Waziri Adio, said. He spoke in Kiev, Ukraine at the ongoing 42nd meeting of the Extractive Industry Initiative (EITI) Board. Meanwhile, the International Board of EITI has ranked Nigeria for its ‘Satisfactory Progress’ in the implementation of its principles in the country’s extractive sector. …

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Special Adviser to President Muhammadu Buhari on Media and Publicity,Femi Adesina,has criticized a recent Businesday Newspaper article that claimed 81 per cent of the President’s appointments went in favour of individuals from the northern part of the country. Adesina said in a statement on Saturday that the article, published  on October 29, 2017, “is either an ignorant effort or a …

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The total amount of unpaid oil and gas monies that Nigeria’s government has recovered using audit reports of the Nigeria Extractive Industries Transparency Initiative (NEITI) has hit $3 billion, the Executive Secretary of NEITI, Mr. Waziri Adio has disclosed. Adio stated in a presentation he made at the 2017 edition of the annual lecture series of the Dauda Adegbenro Foundation …

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NIMASA never prosecuted infractions The Executive Secretary, Nigerian Extractive Industry Transparency Initiative (NEITI), Mr. Waziri Adio, wednesday disclosed that a whopping $15.9 billion in crude oil was either lost or not accounted for between 2011 and 2014. According to him, the sum of $4.3 billion; $2.7 billion; $4.7 billion and $4.1 billion were unaccounted for in 2011, 2012, 2013 and …

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The Nigerian Extractive Industries Transparency Initiative on Thursday said it had commenced a comprehensive independent audit of the nation’s oil and gas sector that would cover the periods of 2015 and 2016. The Executive Secretary of NEITI, Mr Waziri Adio, announced this in Lagos at a workshop organised for major oil companies in Nigeria. Adio said that the independent audit …

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FRIDAY EKEOBA The Executive Secretary, Nigerian Extractive Industries Transparency Initiative (NEITI), Mr Waziri Adio, said recently that there was no reason for Nigeria to have 110 million people living in poverty. The numbers which constitute 64.7 per cent of the country’s 170 million population, according to the NEITI boss do not have business suffering considering the domestic economy income from …

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