NUPRC has zero tolerance for corruption, operates anti-corruption philosophy – CCE

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it operates anti-corruption philosophy and will continue to demonstrate zero tolerance for corruption in its dealings with other organisations. The commission said as a creation of the Petroleum Industry Act (PIA 2021), it would remain committed, and be anti-corruptionContinue Reading

Nigeria-Saudi Oil Pact: A triumph for technological progress – FG

By Emmanuella Anokam The Federal Government has signed a Memorandum of Understanding (MoU) with Saudi Arabia to establish a robust framework for collaboration between the two nations in the oil and gas sector. The MoU aims at promoting collaboration, information exchange and technology transfer, thereby creating a conducive environment forContinue Reading

Revenue agencies remit N14.38trn to Federation Account in 2 yrs – NEITI

By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal government revenue generating agencies remitted ₦14.38 trillion as revenue from the extractive sector to the federation account between January 2020 and December 2021. Dr Orji Ogbonnaya Orji, Executive Secretary of NEITI, made this known on Thursday inContinue Reading

NUPRC generates N2.71trn mineral revenue in 2 years – NEITI Report

By Emmanuella Anokam The Nigeria Extractive Industries Transparency Initiative (NEITI) said out of a total mineral revenue of N6.40 trillion, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) accounted for the highest contribution of N2.71 trillion in 2020-2021. NEITI in its latest Fiscal Allocation and Statutory Disbursement (FASD) report which coveredContinue Reading