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By Isaac Aregbesola The Economic and Financial Crimes Commission (EFCC) has deployed its personnel to monitor the Saturday’s governorship elections in Kogi, Bayelsa and Imo States. EFCC Spokesperson, Dele Oyewale said in a statement on Friday in Abuja that the aim of the deployment was to prevent politicians and theirContinue Reading

Mr Gbenga Komolafe, NUPRC Chief Executive

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

Minister for State Petroleum Resources (Oil), Sen. Heineken Lokpobiri and Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, at the Memorandum of Understanding (MoU) signing

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

NEITI Executive Secretary, Orji Ogbonnaya Orji, Mr Sundung James, Director of Audit, Office of the Auditor General of the Federation (middle) with other officials at the unveiling of the NEITI 2020-2021 Fiscal Allocation and Statutory Disbursement (FASD) Report on Thursday in Abuja

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

Dr Orji Ogbonnaya Orji, Executive Secretary NEITI at the report unveiling in Abuja

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