Extractive Archives - Parliament Reports

At OrderPaper, NEITI dialogue, stakeholders engage on Nigeria’s tax reforms

Sharon EboesomiMarch 4, 20259 min

While the tax bills were generally applauded, stakeholders urge caution on implications for transparency and accountability in extractives Stakeholders have raised concerns over the potential impact of the proposed Nigeria Tax Bill (NTB) and other related reforms on the extractive sector. The reforms, however, received generally positive commentaries from speakers and contributors during a stakeholder engagement session convened by OrderPaper Nigeria in collaboration with the Nigeria Extractive Industries Transparency Initiative (NEITI) which held on Monday,...

Senate

Senate kick against Chevron, Exxon, others turning Nigeria to extractive zone

Sharon EboesomiFebruary 8, 20243 min

The NCDMB members who were present at the interactive session urged the Senate Committee on Local Content to inquire from the oil companies to explain their extractive business approach without providing manufacturing content. The Senate has taken a stand against the extractive operating models used by Chevron, Exxon, and other oil companies in Nigeria, which do not include manufacturing content as is the case in other countries. This action was taken by the Senate Committee...