Tag NEITI

NEITI hails Seplat Energy Entrance into EITI

THE Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed Seplat Energy Plc as the first independent, strictly private sector-led Nigerian company to join the Extractive Industries Transparency Initiative (EITI). This milestone comes a few years after the NNPC Ltd., Nigeria’s…

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 by stakeholders in the oil sector. Mr Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), stated this on…

EFCC Warns Oil Firms To Comply With NEITI Audit Process

THE chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, has urged all players in the oil and gas companies and relevant government agencies to fully comply with the annual Nigerian Extractive Industries Transparency Initiative (NEITI) Industry Audit…