Zainab Shamsuna Ahmed, the executive secretary of NEITI, discusses Nigeria's fight against corruption.

President Muhammadu Buhari on Thursday appointed Yahaya Gusau as Director General of the Budget Office of the Federation.

The new head of the Nigerian National Petroleum Corporation (NNPC) said on Sunday that he would review all production-sharing contracts and joint venture agreements with its partners "to reflect current day realities in the global oil and gas industry".

Clare Short, International EITI Chair, was recently in Mongolia at the invitation of the Government’s Cabinet Secretariat. She spoke to G.Iderkhangai of the MMJ on the sidelines of an EITI event in Bayangol soum.

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The new head of the Nigerian National Petroleum Corp (NNPC) said on Sunday he will review all production-sharing contracts and joint venture agreements with its partners “to reflect current day realities in the global oil and gas industry”.

Ms Mona Quartey, the Deputy Minister for Finance, has observed that transparency alone could not gurantee sound management of the extractive resources of the country.

Nigeria EITI said that it will give NNPC all institutional supports needed to recover a certain $11.6 billion revenue from the Nigerian Liquefied Natural Gas (NLNG) which NNPC allegedly failed to remit to the Federation Account.

Issues such as corruption, uncertain regulation and political and social unrest have been weighing on an industry already under pressure.

Mr James Avedzi, Chairman, Parliamentary Select Committee on Finance, has called on mineral-rich African countries to create conducive environment for the engagement of Civil Society Organisations to ensure a judicious resource management.