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Tag: NEITI

NEITI Expresses Satisfaction with Use of Resources in Abia, Urges Otti to Sustain Performance Quality
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NEITI Expresses Satisfaction with Use of Resources in Abia, Urges Otti to Sustain Performance Quality

NEWS BAR NGMay 11, 2025May 11, 2025

The Nigeria Extractive Industry Transparency Initiative (NEITI) has expressed satisfaction in the use of accruals of Abia State’s natural resources…

NEITI: FAAC Allocations to Federal, States, LGs Soared By 43% to N15.26trn in 2024
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NEITI: FAAC Allocations to Federal, States, LGs Soared By 43% to N15.26trn in 2024

NEWS BAR NGMarch 19, 2025March 19, 2025

The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to federal, states and local governments in 2024, representing…

NEITI: Nigeria Needs $20 Billion Annually to Boost Gas Infrastructure
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NEITI: Nigeria Needs $20 Billion Annually to Boost Gas Infrastructure

NEWS BAR NGFebruary 4, 2025February 4, 2025

The Nigeria Extractive Industries Transparency Initiative (NEITI), said yesterday that Nigeria would need to inject $20 billion annually into its…

NEITI: Huge Recurrent Expenditure Affecting States’ Capacity to Develop
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NEITI: Huge Recurrent Expenditure Affecting States’ Capacity to Develop

NEWS BAR NGNovember 13, 2023

A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has expressed serious concerns over states‘ recurrent expenditure, noting that…

NEITI: NNPC Contribution to Federation Account Declined By 56% in Two Years
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NEITI: NNPC Contribution to Federation Account Declined By 56% in Two Years

NEWS BAR NGNovember 10, 2023

The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday, revealed that the contribution by the Nigerian National Petroleum Company (NNPC) declined…

NEITI: $20bn Required Annually to Bridge Nigeria’s Gas Infrastructure Gap
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NEITI: $20bn Required Annually to Bridge Nigeria’s Gas Infrastructure Gap

NEWS BAR NGNovember 7, 2023

The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Ogbonnaya Orji, yesterday said that Nigeria will need an estimated…

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