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CBN fails to account for $4 5b in foreign reserves — Audit Report

The annual audit report details the expenditures and finances of the government’s ministries, departments, and agencies within a financial year.

Shaakaa chiraGodwin emefieleOffice of the auditorCentral bankForeign reservesNigeria act

NEITI tracks over $20bn recoverable revenues, recovers $3bn so far

Nigerian Extractive Industry Transparency Initiative (NEITI) says its resource mobilisation has resulted in the tracking and identification of over $20

Abuja federal capital territoryBamidele salam pdp osunOgbonnaya orjiOjotu ojomeAhmed wadadaShaakaa chiraIsiaka nasiru adegboyegaExtractive industriesWorld bankHouse of representatives committee on publicBudget office of the federationPublic accounts committeeNigerian extractive industry transparency initiativeHead of serviceOffice of the accountantBudget office

N14 38tr remitted to federation account in two years — NEITI

A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that the federal government-owned revenue-generating agencies remitted a total of about N14.3tr as revenue from the extractive sector between January 1, 2020 and December 31, 2021. The report titled, “Fiscal Allocation and Statutory Disbursement (FASD)” listed the revenue-generating agencies as: the Nigerian National…

Nigeria generalAbuja federal capital territoryShaakaa chiraOrji ogbonnayaSundung eldad jamesNigeria extractive industries transparency initiativeNigerian national petroleum company limitedSteel developmentNigerian upstream regulatory commissionNigeria customs serviceMinistry of minesCompany income taxRevenue serviceStatutory disbursementFederal inland revenue serviceExecutive secretary

Govt Agencies remit N14 38 trillion to Federation Account in 2 years – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that revenue generated by federal government agencies from

Niger deltaNigeria generalAbuja federal capital territoryOrji ogbonnayaFaruk ahmedShaakaa chiraSundung jamesPetroleum resources agencyPetroleum regulations authorityPetroleum technology development fundDevelopment of natural resources fundTertiary education trust fund tetfundNigerian upstream regulatory commissionNigeria customs serviceNiger delta development commissionRevenue service

NEITI: NNPC Contribution to Federation Account Declined By 56% in Two Years

NEITI: NNPC Contribution to Federation Account Declined By 56% in Two Years
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Federal capital territoryAbuja federal capital territoryNigeria generalLagos stateOgbonnaya orjiEmmanuel addehShaakaa chiraNigeria customs serviceNigeria extractive industries transparency initiativeRevenue servicePetroleum profit taxSteel developmentNigerian upstream regulatory commissionMinistry of minesFederation mrCompany income tax

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