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PRESS RELEASES

Neiti South-South Roadshow/Townhall Meeting
As a follow-up to the release of its 2005 Audit Report, NEITI, the Nigerian subset of the global Extractive Industry Transparency Initiative (EITI) commences its next phase of roadshows in the six geo-political zones with the South-South Roadshow/Townhall Meeting in Yenagoa, more...

Visit Of Eiti’s Chairman To Nigeria
Prof. Dr. Peter Eigen, Chairman, Extractive Industries Transparency Initiative, EITI, will be visiting Nigeria from 8th to 9th October 2009. While in Nigeria, Eigen will meet with key stakeholders to discuss major issues concerning the EITI process in Nigeria more...

Critical Physical, Financial, Process And Governance Issues Are Brought To The Fore - August 11, 2009
NEITI was created in 2004 essentially to develop a framework for, and ensure transparency and accountability in the reporting and disclosure, by the extractive industry companies, of revenue due to or paid to the Government more...

The West African EITI Conference Scheduled to hold on September 11 & 12, 2008 at ECOWAS Secretariat, Abuja
Nigeria Extractive Industries Transparency Initiative (NEITI) is a unique, multi-stakeholder organization established to promote transparency, accountability and due diligence in the management of revenues from extractive industries in Nigeria. It is the national chapter of a global movement, Extractive Industries Transparency Initiative (EITI)
more...

NEITI Holds Northeast Sensitization Meeting - 23th August, 2007
Abuja— Stakeholders drawn from across the North East Zone will converge in Bauchi, Bauchi State from Tuesday next week to deliberate on the implications of the Nigeria Extractive Industries Transparency Initiative (NEITI) for poverty reduction, good governance and sustainable development in the zone and the country at large.
more...

NEITI Audits: Remediation Plan on Course - 13th August, 2007
Abuja — Significant progress has been recorded in fixing some of the petroleum sector lapses that were identified by the first comprehensive audit of the industry, which was commissioned by the Nigeria Extractive Industries Transparency Initiative (NEITI). more...

EFCC Chairman, Nuhu Ribadu, Pledges Support to NEITI - 27th July, 2007
Abuja — The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Nuhu Ribadu has pledged total support to the actualization of the mandate of the Nigeria Extractive Industries Transparency Initiative (NEITI). more...

Following Signing of Act, NEITI Plans Next Steps - 4th July, 2007
Abuja—The Nigeria Extractive Industries Transparency Initiative (NEITI) has set up a strategy committee to evolve modalities for bringing its operations in line with its enabling law and to devise strategies for increased transparency in the management of oil, gas and mining revenues in Nigeria more...

President Olusegun Obasanjo signs NEITI Bill into Law - 30th May, 2007
Abuja—President Olusegun Obasanjo today signed the Nigeria Extractive Industries Transparency Initiative (NEITI) Act 2007, thereby giving legal boost to the quest for increased transparency in the management of Nigeria’s oil, gas and mining sectors more...

Effort Critical to Challenging Corruption In Nigeria’s Most Significant Economic Sector - 26th April, 2006
ABUJA, NIGERIA – April 11-12, 2006 – In an historic event, the Nigerian Extractive Industries Transparency Initiative (NEITI) announced the results of Hart Group’s financial, physical and process audits of the oil and gas sector for the period 1999-2004 more...

Joint Press Release - 30th November 2004
The National Stakeholders Working Group (NSWG) of the Federal Government of Nigeria are pleased to announce the appointment of Goldwyn International Strategies, LLC as advisers to assist the NSWG in implementing Nigeria’s Extractive Industries Transparency Initiative (EITI) program more...

NSWG selects a consortium to conduct the Auditors' Progress Reports - 15th March 2005
Following an intensive international competition, the National Stakeholders Working Group (NSWG) has selected a consortium led by U.K.-based Hart Group to conduct the Financial Audit, Process Audit and Physical Audit pursuant to the Nigeria Extractive Industries Transparency Initiative (NEITI) more...

Selection of Hart Group to audit the Nigera Extractive Industries - 15th March 2005
The Nigeria Extractive Industry Transparency Initiative (NEITI) is the Nigerian subset of a global initiative aimed at following due process and achieving transparency in payments by Extractive Industry (EI) companies to governments and government linked entities more...

Allegation of Tax Evasion against Checvron Group
The Nigeria Extractive Industry Transparency Initiative (NEITI) is the Nigerian subset of a global initiative aimed at following due process and achieving transparency in payments by Extractive Industry (EI) companies to governments and government linked entities more...

 

 

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