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Nigeria scores impressively high in EITI assessment

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...

Gas flare: Reps demand release of N27.6bn to host communities

The Reps want the sums collected as penalties released to host communities of the Niger Delta to cushion the effects of environmental degradation caused by gas flare. The House of Representatives has asked the Central Bank of Nigeria (CBN) to release the sum of  N27.6bn collected as gas flare to host communities.  The lawmakers made the demand during plenary on Thursday. The House said the demand was based on a directive by former president, Muhammadu...

PERSPECTIVE: Artisanal mining as empowerment for youths

 Artisanal mining of crude oil in the Niger Delta Region verges on criminality. But given the scale of the activity, should the government consider making it a possible avenue for empowerment of the youths? Energy plays an important role in the economy of any nation of the world. It directly and indirectly affects the standard of living of its citizens, the security, transport, growth and development of its society. The world is still largely run...

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