NEITI
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Featured
Canada, Australia, Belgium, pledge to support NEITI on open data policy
The Embassy of Belgium, as well as the Australian and Canadian High Commissions in Nigeria have pledged to support the Open Data Policy of the Nigeria Extractive Industries Transparency Initiative (NEITI). The Belgian Ambassador to Nigeria, Pieter Leenknegt and his Canadian and Australian counterparts, Jamie Christoff and Ms Leilani Bin-Juda made the pledge on Wednesday shortly after inspecting the newly…
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Featured
Tinubu inaugurates 15-member NEITI governing board
President Bola Tinubu on Tuesday inaugurated the 6th National Stakeholders Working Group also known as the Governing Board of the Nigeria Extractive Industries Transparency Initiative (NEITI). Inaugurating the 15-member committee, Tinubu said he was proud of the board with the members carefully selected, based on their diverse competencies, skills, knowledge, integrity and track record of service in their previous assignments.…
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OIL&GAS
Big companies facing pressure over investment in oil and gas-Expert
An expert in geosciences, Dr. David Egya, says big companies are currently facing a lot of pressure when investing in oil and gas due to the global upsurge in the energy transition. Egya made this statement during his presentation at a session on `Opportunities and Challenges in the Renewable Energy Potential of Nigeria` at the 59th Annual International Conference and…
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General News
Reps decry rising cases of oil, gas pipelines destruction
The House of Representatives has decried the recurring destruction of oil and gas pipelines in the country. Rep. Alhassan Ado-Doguwa, Chairman of the Special Committee on Oil Theft, condemned the act at a meeting with the Nigerian National Petroleum Corporation (NNPC) Ltd. in Abuja. The engagement was to unravel the root cause of oil theft in the country and the…
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Energy & Environment
Extractive Industries Transparency Initiative Applauds NNPC Ltd in Global Assessment
ABUJA – The Nigerian National Petroleum Company Limited (NNPC Ltd) has received high praise from the Extractive Industries Transparency Initiative (EITI) in its latest global assessment, according to a statement by EITI’s Deputy Executive Director, Mr. Bady Baldé. During a visit by an EITI delegation to the NNPC Ltd’s Group Chief Executive Officer, Mr. Mele Kyari, in Abuja on Thursday,…
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Energy & Environment
NNPCL working with NEITI, others to reconcile NEITI’s 2021 report
Abuja, Nov. 7, 2023 (NAN) The Nigerian National Petroleum Company Limited (NNPCL), says it is collaborating with the Nigeria Extractive Industries Transparency Initiative (NEITI) and other stakeholders to reconcile alleged indebtedness by the company and Federation Accounts Allocation Committee (FAAC). NNPC Ltd says they are working in the Reconciliation Committee set up by President Bola Tinubu to investigate, review and…
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News
Beneficial ownership: NEITI, CAC unmasks faces behind oil mining assets
A joint coordination committee is working on a plan that will reveal the identity of the real owners of oil, gas and mining assets in the country. The committee to be established by the Nigeria Extractive Industries Transparency Initiative (NEITI) and the Corporate Affairs Commission (CAC), will also create a database of oil assets owners. In a statement made available…
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