RemTrack Archives - Page 2 of 5 - Parliament Reports

House of Representatives RemTrack Senate

NNPCL under scrutiny as mining reforms echo | REMTRACKER

Timileyin OkunlolaDecember 3, 20243 min

As national assembly plenary resumes today, this edition of RemTracker highlights discussions from last week on CNG and planned probe of NNPCL over non-remittance of funds Day of reckoning beckons for MDAs The House of Representatives is set to investigate revenue-generating agencies for revenue leakages and non-remittance of funds. This decision followed the consideration of the report from the House joint committee on finance, national planning, and economic development regarding the 2025-2027 Medium Term Expenditure...

Citizens Speak RemTrack

HallowMace, NILDS Hold Discussion on CNG Transition

Timileyin OkunlolaDecember 1, 20247 min

The transition to Compressed Natural Gas (CNG) has become a focal point of discussion across various sectors in Nigeria. This evolving agenda has sparked diverse debates regarding its benefits and challenges, leading to speculation about what is truly at stake. In an effort to contribute to this important dialogue, the HallowMace Foundation Africa, in collaboration with the National Institute for Legislative and Democratic Studies (NILDS), organized the 6th edition of its National Legislative Conference....

Business and Economy RemTrack Spotlight

NEITI launches research on energy transition

Timileyin OkunlolaNovember 30, 20244 min

Energy transition is increasingly at the forefront of national discussions in Nigeria, with many perspectives contributing to the dialogue The Nigeria Extractive Industries Transparency Initiative (NEITI) has officially launched a research initiative focused on the impacts of energy transition on Nigeria’s economy. This launch took place during a workshop in Abuja, where key stakeholders, experts, and policymakers gathered to discuss the study’s focus, approach, and methodology. This collaborative effort aims to refine the research framework...

National Assembly Politics Nuggets & Learning RemTrack

From Audit to Accountability: Engaging Citizens in Solid Minerals Remediation

Timileyin OkunlolaNovember 25, 20246 min

Solid mineral audit reports by the Nigeria Extractive Industries Transparency Initiative (NEITI) is just a first step in the journey towards accountability in the sector The Nigeria Extractive Industries Transparency Initiative (NEITI) plays a crucial role in ensuring accountability and transparency within the extractive sector, particularly in the solid minerals industry. As Nigeria seeks to diversify its economy beyond oil, the solid minerals sector presents a significant opportunity for growth and development. The latest NEITI...

RemTrack Spotlight

Tracking Transparency: The Importance of NEITI’s Audits for Nigerians

Timileyin OkunlolaNovember 25, 20246 min

Decades after discovering oil, many Nigerians still question the benefits of this abundant natural resource as they endure long queues at fuel stations and face daily challenges. The answer to this ancient challenge lies in the mismanagement of oil revenues, which has deprived citizens of their rightful benefits. To address these pressing issues, the Nigeria Extractive Industries Transparency Initiative (NEITI) was established to promote accountability and transparency within the extractive sector. By implementing rigorous audits...

Business and Economy National Assembly Politics RemTrack

Reform imminent as first mining university is proposed | REMTRACKER

Timileyin OkunlolaNovember 25, 20242 min

This inaugural edition of RemTracker discusses a mining reform bill and proposal for a dedicated university on the extractive resource Amendment of the Nigerian Minerals and Mining Act The Nigerian Minerals and Mining Act of 2007 has served as the legal framework for the exploration and exploitation of mineral resources in Nigeria for over a decade. However, the evolving dynamics of the global mining industry and Nigeria’s quest for sustainable development have revealed significant gaps...

RemTrack

PWYP Nigeria reaffirms commitment to extractive sector governance

Timileyin OkunlolaOctober 8, 20243 min

The Publish What You Pay (PWYP) Nigeria chapter has reiterated its dedication to enhancing governance in the extractive sector. The Nigerian chapter of Publish What You Pay (PWYP), a leading global civil society coalition working for transparency in the extractive sector, has reaffirmed its commitment to drive robust engagement on the governance of the country’s extractive sector. This commitment was announced following the conclusion of the Annual General Meeting (AGM) of the group held...

Business and Economy RemTrack

NEITI commends PWYP on new leadership

Timileyin OkunlolaOctober 8, 20242 min

The Nigeria Extractive Industries Transparency Initiative (NEITI) has praised Publish What You Pay (PWYP) Nigeria for its newly elected leadership. The Nigeria Extractive Industries Transparency Initiative (NEITI) has congratulated Publish What You Pay (PWYP) Nigeria on the emergence of its new leadership. This commendation was conveyed in a statement by Chris Ochonu, assistant director of communications & stakeholders’ management. The statement highlighted the optimism following PWYP’s recent Annual General Meeting (AGM) and the transparent electoral...

House of Representatives RemTrack

Dangote Refinery: Key timelines of a beleagued petro-dollar plant

Timileyin OkunlolaJuly 22, 20248 min

Dangote Refinery, a subsidiary of the Dangote Group, has been on an iconic journey since its conception in 2013. Here is a run through of its progression, successes and challenges over the years. Dangote Refinery, the largest single-train refinery in the world, owned by Dangote Group, was inaugurated on the 22nd of May 2023 in Lagos, Nigeria. At full operation, it is expected to have the capacity to process about 650,000 barrels of crude oil...

RemTrack

Dialogue: Panel calls for responsible debt management, transparency, and accountability

Leah TwakiJune 14, 20243 min

Stakeholders on fiscal management have demanded for openness in the country’s debt affairs. A panel of experts has advocated for responsible debt management, transparency and accountability from the executive, the national assembly and the Debt Management Office (DMO). They made this call at a recent National Policy Dialogue Fiscal Reforms and Debt Management, on June 10, 2024 organized by the OrderPaper Advocacy Initiative alongside various Civil Society Organizations (CSOs) including the Centre for Transparency Advocacy...

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