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FAAC allocations rose by 43% in 2024 –NEITI
The Nigeria Extractive Industries Transparency Initiative, NEITI, report said the Federation Accounts Allocation Committee, FAAC, disbursed an…
Tag: neiti
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NEITI moves to recover $6bn, N66bn from oil stakeholders
Plans are underway to recover $6 billion and an additional N66 billion owed to the federal government…
BusinessNews
Transparency: EITI rates NNPC Ltd high in compliance
Global transparency body, Extractive Industries Transparency Initiative, EITI, has scored the Nigerian National Petroleum Company Limited, NNPC…
BusinessNews
NNPC working with NEITI, other stakeholders to reconcile NEITI’s 2021 report
The Nigerian National Petroleum Company Limited, NNPCL, will continue to collaborate with the Nigeria Extractive Industries Transparency…
BusinessNews
FG recovered N2.6trn revenue from oil coys –NEITI
The federal government has recovered a total of N2.6 trillion revenue from oil firms following the Nigeria…
BusinessNews
Nigeria earned N28.02trn from four agencies in three years –NEITI
Four federal government agencies have generated a total of N28.02 trillion between 2017 and 2019, the Nigeria…
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FG inaugurates NEITI’s governing board
The Federal Government has inaugurated the governing board of the Nigeria Extractive Industries Transparency Initiative, NEITI, to…
BusinessNews
ICRC commends NNPC for transparent public bid opening processes
The Director General of the Infrastructure Concession Regulatory Commission, ICRC, Engr. Chidi Izuwah, has commended the leadership…
BusinessNews
FAAC: FG, states, others share N3.88trn in 6 months –Report
The Federation Accounts Allocation Committee, FAAC, shared N3.879 trillion to the Federal Government, states, local government areas…
BusinessNews
NNPC becomes EITI partner company, states commitment to transparency
The Nigerian National Petroleum Corporation, NNPC, has become an Extractive Industries Transparency Initiative, EITI, partner company. It…