Tag: NEITI
Nigeria Achieves 79% Reduction in Crude Oil Theft, Faces Revenue and Production Decline – NEITI
NEITI reported a 79% reduction in crude oil theft from 2022 to 2023, but oil and gas revenue declined by ...
Over $1.5bn spent to protect oil installations – FG
He said the FG was worried about the report of the Nigerian Extractive Industries Transparency Initiative, NEITI. The security and ...
NNPC CEO Kyari Disputes NEITI’s Claim of Fund Withholding
NNPC CEO Mele Kyari refutes NEITI claims of N2.8 trillion non-remittance, clarifying it was payment owed for fuel subsidy burden ...
NNPCL Didn’t Remit $1.9bn To Federation Account In 2021 – NEITI
NEITI's audit report reveals that NNPC had not remitted $1.9 billion to the government's account by the end of 2021 ...
Nigeria Lost N16.25trn To Crude Oil Theft In 11 Years —NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that Nigeria lost a total of 619.7 million barrels of crude ...
Reps Probe NEITI, NUPRC Over Alleged Lopsided Recruitments
On Wednesday, the House of Representatives charged its Committees on Petroleum Upstream and Federal Character with investigating the Nigeria Extractive ...
NEITI: Removal of fuel subsidy will free economy from bondage
The Nigeria Extractive Industries and Transparency Initiative (NEITI) has stated that the removal of fuel subsidies will free the country's ...
NEITI: 77 oil companies owing FG N2.6trn
Executive secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Ogbonnaya Orji has disclosed that 77 oil companies owe the federal ...
DPR to NEITI: We have accurate record of crude production
The Department of Petroleum Resources (DPR) has stated that it has a record of the exact quantity of crude oil ...
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