The Nigeria Extractive Industries Transparency Initiative (NEITI) recovered over $2.4 billion from covered entities and another $7 billion as recoverable revenue into government covers within the last five years.
Trafigura disclosed $4.3bn (€3.98bn) in oil-related payments to governments in 2013, as part of increased transparency by the third-largest independent oil trader.
Nigeria's premier business and ethical networking platform and consultancy for sustainability, has announced plans to host a meeting between governments, industry, experts and investors to exchange ideas on how to unlock over $100bn.
Riet: Global EITI Worried over Vacant NEITI Board
The latest drive to convince more traders to disclose information is moving slowly.
The EITI global initiative that seeks to bring more transparency to oil, gas and mining is at a turning point.
"High-Level Dialogue on Harmonized Policies for Natural Resource Management in the ECOWAS Zone" meeting takes place in Dakar.
The ministry has a new approach to licensing the small-scale mining of gold.
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Friday said the Federal Government lost 966 million dollars in revenue from the crude oil swap deal between 2009 and 2012.
The Philippine application to join the Extractive Industries Transparency Initiative (EITI) is on hold after the international movement reviewed its rules for validating candidates.
