The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the legally recognised fines for stealing Nigeria’s crude oil have remained abysmally poor, amounting to either N100 or N5,000, according to two separate laws in the country. ....
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The Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report released in Abuja on Sunday reveals that the solid Minerals sector contributed N52.75 billion to the federation revenue in 2017.
The figure was a 21% increase on the N43.22 billion contributed by the sector...
Data made available by the Nigeria Extractives Industries Transparency Initiative (NEITI) has shown that 28 states would be unable to fund their 2019 budgets from revenue realised in 2018 and 2017.
The information, which was made available in the NEITI quarterly review. The eight states that...
Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, Mr. Waziri Adio, yesterday, disclosed that the agency had not made much progress in addressing the gaps inherent in the extractive industries, because it lacks the power to enforce remediation activities in...
Experts call for urgent interventions to address sector challenges
Total revenue from the solid mineral sector in Nigeria in the past nine years stands at about N262 billion, maintaining a slow rise from N8.1 billion in 2007 to N65.7 billion in 2015...
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