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NEITI

NEITI alert: FG loses $28bn due to non-review of 26yr-old PSCs

OrientEnergyReview Mar 9, 2019 0

Chibisi Ohakah, Abuja The Nigeria Extractive Industries Transparency Initiative (NEITI) has called for an urgent review of the Production Sharing Contracts, PSCs to stem the huge revenue losses to Nigeria, revealing that the country lost…

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NNPC, others yet to remit $22.06bn, N481.75bn to Federation Account

OrientEnergyReview Oct 30, 2018 0

The Nigerian National Petroleum Corporation (NNPC) and its subsidiary, Nigerian Petroleum Development Company (NPDC) and other companies in the oil and gas sector have yet to remit revenue amounting to $22.06bn and N481.75bn to the…

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NEITI, CAC Set to Unveil Nigerian Oil Well, Mining Asset Owners in 2019

OrientEnergyReview Oct 23, 2018 0

Oge Obi December 31, 2019 has been set by Extractive Industries Transparency Initiative (NEITI) and Corporate Affairs (CAC) to release a comprehensive register of beneficial owners of oil wells, gas and mining companies in Nigeria.…