FRC to Introduce New Template for Determining Operating Surplus Payable By MDAs

Thursday, August 6, 2015

The acting Chairman of the Responsibility Commission disclosed that the commission might soon adopt a new operating surplus template for determining the correct amount revenue government agencies pay into the Consolidated Revenue Fund.

An Arduous Job for Kachikwu, New NNPC GMD

Sunday, August 9, 2015

Dr. Ibe Kachikwu, who was appointed the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) assumes duty at a rather intricate time.

Group wants govt to limit crude oil allocation to refineries to current capacity

Wednesday, August 5, 2015

A civil society group, Civil Society Legislative Advocacy Centre (CISLAC), on Thursday asked the Federal Government to ensure that domestic crude oil allocation for local refining was limited strictly to the refineries' refining capacities.

FG Appoints Kachikwu to Drive NNPC Reforms

Tuesday, August 4, 2015

Emmanuel Ibe Kachikwu, oil industry corporate player and Havard-trained lawyer, author and publisher, on Tuesday assumed office as new helmsman of the troubled Nigerian National Petroleum Corporation (NNPC).

NLNG: It’s not our duty to remit cash into Federation Account

Wednesday, August 5, 2015

The Nigeria Liquefied Natural Gas Limited has faulted the Nigeria Extractive Industries Transparency Initiative’s (NEITI’s) claim that it has not remitted about $11.6billion (N2.32trillion) to the Federation Account.

₦350bn to government treasury, says commission

Wednesday, August 5, 2015

Victor Muruako , the acting Chairman, Fiscal Responsibility Commission (FRC), says the agency has caused agencies to remit ₦350 billion to the Federation Account as operating surpluses from revenue generating agencies.

Fool’s gold: Inside Burkina Faso’s artisanal mining industry

Monday, August 3, 2015

Every day, dozens – not hundreds – more people arrive to work on one of Burkina Faso’s low-tech, artisanal gold mines. Working conditions are poor, and dangerous, but the paltry rewards are still more than they’d earn at home.

Law on transparency in extractive industries

Monday, August 3, 2015

On 16 June 2015, the Parliament of Ukraine adopted the Law of Ukraine On Amendments to Some Legislation of Ukraine on Securing Transparency in Extractive Industries No. 521-VIII (hereinafter – the “Law”).

NEITI Seeks El-Rufai's Support On Implementation of Audit Reports

Saturday, August 1, 2015

The Federal Government can ill-afford the continued delay in the implementation of a comprehensive reform in the country's extractive industries sector, according to NEITI.

160mb of crude worth $13.7bn lost to thieves – NEITI

Monday, August 3, 2015

The Nigeria Extractive Industries Transparency Initiative (NEITI) has again disclosed that the country lost about 160 million barrels of crude oil valued at $13.7 billion to crude oil theft from 2009-2012.