NEITI
VAT, mineral, non-mineral revenues makes up NEITI’s N28.58trn federation account remittance in five years
The Nigeria Extractive Industries Transparency Initiative (NEITI) says the total amount remitted to the federation account between 2012 and 2016…
Federal, state, local govts get N3.84trn allocations in six months – NEITI
The three tiers of government drew about N3.84 trillion as statutory allocations from the federation account between January and June…
NNPC claims Nigeria owes it N797bn — NEITI
The Nigeria Extractive Industries Transparency Initiative, NEITI, today, stated that the Nigerian National Petroleum Corporation, NNPC, is claiming that it…
No state’s revenue was enough to fund its 2018 budget – NEITI
None of the 36 states of the federation could fund their budgets from total revenue received in 2018, the Nigerian…
Nigeria’s domestic debt gulping over 90% of total servicing obligations- NEITI
A recent quarterly review by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that domestic debt servicing has consistently…
After $1.1trn from oil in 35 years, Nigeria has just $3.9bn left, barely enough to fund 16% of budget
Despite earning a whopping $1.09 trillion from oil exports in 35 years, Nigeria still lacks the capacity to fund its…
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