He said a breakdown of the revenue receipts showed that the federal government received N3.99 trillion, representing 39.37 per cent of the total allocation.
Browsing: NEITI
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).
The Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI), Ogbonnaya Orji, has revealed that Nigeria lost over N16.25 trillion due to oil theft in the country.
The Federal Account Allocation Committee (FAAC) shared a total of N4.37 trillion to the Federal, States and Local Government Councils (LGs), from the Federation Account as statutory revenue allocations between January and June 2023, the latest report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed.
The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria requires $20 billion annually to achieve the desired gas expansion plan to bridge the country’s gas infrastructure.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has underscored the need to go beyond global standard prescription to address peculiar…
The Nigeria Extractive Industries Transparency Initiative (NEITI) says over 2,000 companies operating in Nigeria’s solid minerals industry are indebted to…
The Nigerian National Petroleum Company (NNPC) Limited is ending year 2021 by winning global overall best company in oil and…
As the Nigerian National Petroleum Corporation (NNPC) continues to receive commendation over its N287 billion profit in 2020, the Group…
The Federal Executive Council (FEC) has approved N1.7billion for acquisition of permanent office for the Nigeria Extractive Industries, Transparency Initiative…