Can Buhari Confront the Anti-Corruption 'Industry'?

Wednesday, June 24, 2015

The term 'industry' is normally used in respect of manufacturing or at least refers to a specific branch of business (e.g. the entertainment industry, the oil and gas industry). So how come I am now using it for corruption, something negative. This is ...

Nigerians Beg Govt to Discontinue Fuel Subsidy Payment

Wednesday, June 24, 2015

A cross section of Nigerians on Wednesday urged the Federal Government to discontinue its subsidy payment policy to marketers importing fuel.

House of Reps Probes NNPC Over Crude Oil Swap Scam

Wednesday, June 24, 2015

The House of Representatives has resolved to investigate alleged scams in the Refined Product Exchange Agreement, commonly called crude oil swaps contracts, involving the Nigeria National Petroleum Corporation and some companies.

DR Congo urged to reveal terms of mine concession sale

Thursday, June 25, 2015

The Carter Center Friday called on the government of the Democratic Republic of Congo to reveal the terms under which a state firm sold a mining concession to a subsidiary of Swiss group Glencore.

Reps To Probe $8b Shortfall In Oil Swap Revenue

Wednesday, June 24, 2015

The House of Representatives on Wednesday agreed to constitute an Ad hoc committee that would probe thealleged $8 billion revenue shortfall in oil exchange deal brokered by the Pipeline and Products Marketing Company (PPMC), a subsidiary of the NNPC

Forestry overlooked in generation of revenue

Wednesday, June 24, 2015

Tanzania has continued to depend on similar sources of revenue -- overburdening a few individuals and businesses.

Parliamentarians Disagree Over Probe Of Oil Swap Contracts For Inaccuracies

Wednesday, June 24, 2015

Some members of the House of Representatives have disagreed over the decision of the House to instigate a probe into alleged scams in the Refined Product Exchange Agreement otherwise known as Crude oil swap contracts.

Reps probe NNPC crude swap contracts, allege economic sabotage

Wednesday, June 24, 2015

The House of Representatives on Wednesday ordered a fresh probe of the Refined Product Exchange Agreement contracts between the Nigerian National Petroleum Corporation and various trading companies.

Reps Probe U.S.$8 Billion Oil Swap Despite Row

Wednesday, June 24, 2015

The House of Representatives yesterday resolved to constitute an ad-hoc committee to investigate alleged malpractices by the Nigerian National Petroleum Cooperation (NNPC) in the crude oil swap contracts involving five oil companies, but some members ...

New extractive industry transparency law could help improve aid accountability

Tuesday, June 23, 2015

Global efforts to shed more light on the financial dealings in the extractive industry took a major step forward this month with the enactment of a new transparency law in Canada. Greater visibility into the money being paid to developing country ...