NEITI Archives - The Glitters Online https://theglittersonline.com.ng/tag/neiti/ A voice for the people Thu, 25 Jun 2026 11:11:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.5 119911796 Poor Transparency Rating May Scare Investors Away, NEITI Warns https://theglittersonline.com.ng/neiti-14/ Thu, 25 Jun 2026 11:11:10 +0000 https://theglittersonline.com.ng/?p=362939 Poor Transparency Rating May Scare Investors Away, NEITI Warns   The Nigeria Extractive Industries Transparency Initiative has warned that Nigeria could lose significant foreign investment in its oil, gas and mining sectors if the country performs poorly in the forthcoming validation exercise of the Extractive Industries Transparency Initiative. The Executive Secretary of NEITI, Musa Sarkin-Adar, […]

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]]> 362939 NEITI Partnering EFCC To Recover $6bn, N66bn From Oil Firms – Exec Sec https://theglittersonline.com.ng/neiti-partnering/ Mon, 27 Jan 2025 19:26:43 +0000 https://theglittersonline.com.ng/?p=320069 NEITI Partnering EFCC To Recover $6bn, N66bn From Oil Firms – Exec Sec   The Nigeria Extractive Industries Transparency Initiative has disclosed that it is working with the Economic and Financial Crimes Commission to recover about $6bn and another N66bn from industry players in the oil sector for the Federal Government. The Executive Secretary of […]

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]]> 320069 NEITI Report Reveals 0.8% GDP Contribution From Solid Minerals https://theglittersonline.com.ng/solid-minerals-9/ Thu, 31 Oct 2024 12:28:23 +0000 https://theglittersonline.com.ng/?p=312760 NEITI Report Reveals 0.8% GDP Contribution From Solid Minerals   The Nigeria Extractive Industries Transparency Initiative (NEITI) presented its latest findings on Wednesday, revealing that Nigeria’s solid minerals sector contributed a mere 0.8% to the national Gross Domestic Product (GDP) in 2022. This was detailed by NEITI’s Executive Secretary, Dr. Orji Ogbonnaya Orji, during the […]

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]]> 312760 Nigeria Loses 362.28m Barrels Of Crude To Sabotage- NEITI https://theglittersonline.com.ng/neiti-13/ Tue, 01 Oct 2024 02:12:16 +0000 https://theglittersonline.com.ng/?p=309748 Nigeria Loses 362.28m Barrels Of Crude To Sabotage- NEITI   A new report by the Nigeria Extractive Industries Transparency Initiative has indicated that Nigeria lost 362.28 million barrels of crude oil due to measurement errors, sabotage, and production adjustments between 2014 and 2023. This implies that the country lost about 992,547 barrels of crude oil […]

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]]> 309748 Federal, States, LGAs Shared N3.473trn In Q2 2024 – NEITI   https://theglittersonline.com.ng/neiti-12/ Tue, 17 Sep 2024 05:07:04 +0000 https://theglittersonline.com.ng/?p=308367 Federal, States, LGAs Shared N3.473trn In Q2 2024 – NEITI     The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday reported that the Federation Accounts Allocation Committee, FAAC, disbursed N3.473 trillion to the three tiers of government in the second quarter of 2024, reflecting an increase of N46.77 billion (1.42%) compared to the first quarter of […]

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]]> 308367 Nigeria Needs Huge Investments To Meet Energy Transition Target – NEITI https://theglittersonline.com.ng/nigeria-needs-huge-investments-to-meet-energy-transition-target-neiti/ Thu, 22 Aug 2024 19:43:21 +0000 https://theglittersonline.com.ng/?p=305936 Nigeria Needs Huge Investments To Meet Energy Transition Target – NEITI   The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Orji Ogbonnaya Orji, has pointed out that Nigeria would require huge investments in the coming years for it to meet its energy transition targets. Dr. Orji who spoke in Abuja on […]

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]]> 305936 Tinubu Inaugurates 15-man Governing Board For NEITI https://theglittersonline.com.ng/neiti-11/ Wed, 22 May 2024 05:22:02 +0000 https://theglittersonline.com.ng/?p=297231 Tinubu Inaugurates 15-man Governing Board For NEITI President Bola Tinubu, on Tuesday, reaffirmed Nigeria’s commitment to the implementation of the Extractive Industries Transparency Initiative by inaugurating the newly constituted 15-member National Stakeholders Working Group, also known as the Governing Board of the Nigeria Extractive Industries Transparency Initiative. Represented by the Secretary to the Government of […]

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]]> 297231 NEITI Seeks Improved Gas Policy In Nigeria https://theglittersonline.com.ng/neiti-10/ Sat, 16 Mar 2024 04:09:52 +0000 https://theglittersonline.com.ng/?p=291103 NEITI Seeks Improved Gas Policy In Nigeria The Nigeria Extractive Industries Transparency Initiative (NEITI) is appealing to the Federal Government for an improved gas policy for the country following the global upsurge in energy transition. Its Executive Secretary, Dr Ogbonnaya Orji, made the appeal at the closing of a two-day capacity-building workshop and stakeholders engagement […]

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]]> 291103 NEITI To Unveil 2022/2023 Oil, Gas, Solid Minerals Reports Sept– Orji https://theglittersonline.com.ng/neiti-9/ Fri, 26 Jan 2024 19:36:15 +0000 https://theglittersonline.com.ng/?p=286656 NEITI To Unveil 2022/2023 Oil, Gas, Solid Minerals Reports Sept– Orji The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will unveil its 2022/2023 reports on oil, gas and solid minerals industries on Sept. 24. Executive Secretary, NEITI, Dr Orji Ogbonnaya Orji, said this at the global Extractive Industries Transparency Initiative (EITI) media briefing on […]

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]]> 286656 NEITI Seeks EFCC’s Support In Enforcing Transparency In Extractive Industries https://theglittersonline.com.ng/neiti-seeks/ Fri, 10 Nov 2023 18:31:25 +0000 https://theglittersonline.com.ng/?p=279721 NEITI Seeks EFCC’s Support In Enforcing Transparency In Extractive Industries   The Nigeria Extractive Industries Transparency Initiative, NEITI, has called on the Economic and Financial Crimes Commission, EFCC, to back it up more in its quest for transparency and accountability in the extractive industries in Nigeria. This call was made in Abuja on Friday, November […]

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