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NEITI Reports $8.3Bn Unremitted Funds By Oil Firms, Others

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that some oil companies and ministries, departments and agencies (MDAs) failed to remit over $8.3 billion into the Federation Account as required by extant financial regulations. The Executive Secretary of organization, Dr.  Ogbonnaya Orji, made this disclosure in a detailed report on Nigeria’s extractive industry operations […]

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BudgIT Slams National Assembly For Budget Padding, Corruption Loopholes

BudgIT, a civic-tech organization leading the advocacy for transparency and accountability in Nigeria’s public finance system, has called on the citizens, CSOs, private sector, and the international community to urgently prevail on the National Assembly and Presidency to urgently amend and eliminate all loopholes in FG’s 2022 Approved  Budget. The civil advocacy organisation reported that […]