NEITI Archives - Parliament Reports

Terseer Ugbor: Tax reforms must fuel clean energy goals

Leah TwakiApril 29, 20256 min

Parliamentarian, environmentalist and renewable energy enthusiast, Rep.Ugbor says the tax reform bills do not explicitly spell out incentives for renewable energy investments Rep. Terseer Ugbor, deputy chairman of the House of Representatives committee on environment, has underscored the need for Nigeria’s ongoing tax reforms to actively support sustainable development and the nation’s clean energy ambitions. Speaking at the second edition of the Rembinar Dialogue Series on Monday, themed “Tax Bills and Implication for Energy Transition,”...

National Assembly Politics RemTrack

Tax policy must drive Nigeria’s energy transition — NEITI Boss

Sharon EboesomiApril 28, 20253 min

Dr. Orji urged Nigeria to reform tax policies to drive energy transition, warning that fossil fuel bias could derail clean energy goals. The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Orji Ogbonnaya Orji, has called for urgent reforms in Nigeria’s tax policies to support the country’s energy transition agenda. Speaking at the second edition of the Rembinar Dialogue Series, held on Monday, 28th April 2025, Dr. Orji described the dialogue on...

National Assembly Politics RemTrack

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,...

Citizens Speak RemTrack

PERSPECTIVE: Safeguarding communites in the energy transition

Efe IseghohimeJanuary 22, 20249 min

In a global attempt to phase out fossil fuel, can Nigeria leverage its mineral resources to become a leading advocate for renewable energy, while upholding good climate practice and peace amongst the host communities? On the back of the COP28 Agreement for the world to shift from fossil fuels to renewable energy, it has become necessary to spotlight the mineral resources available in Nigeria that could move the country comfortably from the shackles of fossils...

House of Representatives

Reps to probe looting of natural resources fund

Beloved JohnDecember 22, 20233 min

The motion called for the probe of alleged diversion of billions from the natural resources development fund over the years The House of Representatives is set to investigate the usage of funds in the National Resources Development Fund established for the advancement of the solid minerals sector from 2002 to 2023. The House made this resolution at plenary on Thursday, December 21, 2023, following the adoption of a motion on the “need to investigate the...

RemTrack Spotlight

OrderPaper applauds NEITI on EITI assessment

Beloved JohnDecember 15, 20235 min

The non-profit said the results of the global assessment testify to NEITI’s diligent commitment to discharging its mandate and called on the federal government to constitute the agency’s board without delay OrderPaper Advocacy Initiative (OAI), a non-governmental orgnisation focused on policy related engagement and intervention, has applauded the Nigeria Extractive Industries Transparency Initiative (NEITI) for scaling through an Extractive Industries Transparency Initiative (EITI) assessment with an impressive score. The OAI is an non-profit that seeks...

RemTrack

NEITI deny allegations of information, data concealment

Beloved JohnDecember 12, 20232 min

The extractive watchdog emphasized that its reports meet the highest global standards of accuracy and objectivity as recently affirmed in a recent global assessment of NEITI The Nigeria Extractive Industries Transparency Initiative (NEITI) has refuted claims that it concealed some information from its 2021 oil and gas industry report. NEITI, in a statement issued on Monday, described the claims as fictitious, and incorrect information from frivolous media reports. The agency emphasised its dedication to transparency...

RemTrack Spotlight

Nigeria scores impressively high in EITI assessment

Efe IseghohimeDecember 5, 20232 min

Nigeria’s highly successful scaling of the EITI global assessment is a true testament to NEITI’s hard work Nigeria has successfully scaled through the final global assessment of the Extractive Industries Transparency Initiative (EITI). With high scores reaching 90 on data integrity, comprehensiveness of report, outcomes and impacts, contribution to economic growth and adherence to legal frameworks, Nigeria made an overall score of 72, according to a statement released by the Nigeria Extractive Industries Transparency Initiative...

Uncategorized

Gas will play role in Nigeria’s energy transition – NEITI

Kauthar KhaleelNovember 14, 20234 min

Nigeria has the largest gas reserves in Africa and 9th largest in the world. The Nigeria Extractive Industries Transparency Initiative (NEITI), has expressed optimism that gas will play a major role in Nigeria’s transition to cleaner energy sources. This is even as it stressed the need for technology, innovation, exploration, production, and commercialization of gas to enable the country to meet the net zero target set for the year 2060. The Executive Secretary of NEITI,...