NEITI

  • OIL&GASBig companies facing pressure over investment in oil and gas-Expert

    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 NewsReps decry rising cases of oil, gas pipelines destruction

    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 & EnvironmentPHOTO CAPTION: L-R: NNPC Ltd.'s Chief Financial Officer, Mr. Umar Ajiya, EITI’s Deputy Executive Director, Mr. Bady Baldé, GCEO, NNPC Ltd, Mr. Mele Kyari, Executive Secretary, NEITI, Dr. Orji Ogbonnaya Orji, and Executive Vice President, Business Services, Mr. Danladi Inuwa, after the presentation of EITI’s report to NNPC Ltd on Thursday.

    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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