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future dilemmas of extractive industry in nigeria

Validation of the Extractive Industries Transparency Initiative in …

Validation of the Extractive Industries Transparency Initiative in …

The Nigeria Extractive Industry Transparency Initiative (NEITI) is the Nigerian subset of the global EITI initiative. It is aimed at following due process and achieving transparency in payments by Extractive Industry (EI) companies to governments President Obasanjo ...

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The Nigerian Extractive Industries Transparency Initiative (NEITI…

The Nigerian Extractive Industries Transparency Initiative (NEITI…

on the oil industry in the public domain. Furthermore the discourse around transparency is creating political space that civil society in Nigeria is utilising to make demands for transparency and accountability. Keywords: Extractive Industries Transparency

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Extractive Industries | Open Government Partnership

Extractive Industries | Open Government Partnership

Extractive industry commitments are a common area of activity within OGP and they are more frequently impactful and complete than commitments in other policy areas. According to assessments by OGP''s Independent Reporting Mechanism (IRM), more than one in four extractives commitments have the potential to transform the status quo – double the rate of other commitments.

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Nigeria''s petroleum industry long overdue for reforms …

Nigeria''s petroleum industry long overdue for reforms …

Proceeds from fossil fuels, similar to all other extractive minerals, ought to be responsibly utilised in such a manner that they meet the needs of the living without jeopardising future generations.

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Extractive Industries | Open Government Partnership

Extractive Industries | Open Government Partnership

Extractive industry commitments are a common area of activity within OGP and they are more frequently impactful and complete than commitments in other policy areas. According to assessments by OGP''s Independent Reporting Mechanism (IRM), more than one in four extractives commitments have the potential to transform the status quo – double the rate of other commitments.

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Extractives industries in Africa: Blessing or Curse? | BirdLife

Extractives industries in Africa: Blessing or Curse? | BirdLife

Another source of concern is the impact that the Extractive Industry is having on biodiversity, ecosystems and local communities. Across Africa, case studies abound in which extraction of minerals, forest products, oil and gas has left devastated landscapes and disillusioned communities.

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The Nigerian Extractive Industries Transparency Initiative (NEITI…

The Nigerian Extractive Industries Transparency Initiative (NEITI…

on the oil industry in the public domain. Furthermore the discourse around transparency is creating political space that civil society in Nigeria is utilising to make demands for transparency and accountability. Keywords: Extractive Industries Transparency

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An Assessment of the Extractive Industries Transparency …

An Assessment of the Extractive Industries Transparency …

 · The Extractive Industries and Society. 4, 788-798. [24] Sovacool, B., Walter., G van de Graff & Andrews, N. (2016). Energy governance, transnational rules, and the resource curse: exploring the effectives of the Extractives Industries Transparency Initiative (EITI).

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The Nigerian Extractive Industries Transparency Initiative (NEITI…

The Nigerian Extractive Industries Transparency Initiative (NEITI…

on the oil industry in the public domain. Furthermore the discourse around transparency is creating political space that civil society in Nigeria is utilising to make demands for transparency and accountability. Keywords: Extractive Industries Transparency

Get price
Nigeria | Extractive Industries Transparency Initiative

Nigeria | Extractive Industries Transparency Initiative

 · Implementation in Nigeria has mostly focused on oil and gas, which accounts for 99% of extractive sector revenue. The EITI process has exposed outstanding debts by the national oil company to the government, recovered uncollected taxes, identified weaknesses in the regulatory bodies, audited oil-related transfers to the subnational government, estimated oil theft, and examined oil sales.

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Nigeria Extractive Industries

Nigeria Extractive Industries

Abuja, Nigeria 3rd February 2011 Hart Nurse Limited in association with SS Afemikhe & Co, (Chartered Accountants) were appointed, pursuant to the NEITI Act, by the National Stakeholder Working Group of the Nigeria Extractive Industries Transparency

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Nigeria gets $3 billion from $75 billion invested in Africa''s …

Nigeria gets $3 billion from $75 billion invested in Africa''s …

 · Oil companies operating in Nigeria have rued the retention of only three billion dollars out of an estimated $75 billion investment in the oil and gas sector in the Sub-Saharan Africa countries in ...

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Transparency and Accountability In Africa''s Extractive Industries

Transparency and Accountability In Africa''s Extractive Industries

Transparency and Accountability In Africa''s Extractive Industries:The Role of The legislaTuRe ~ 5 The National Democratic Institute for International Affairs (NDI) is a non-profit organization work- ing to strengthen and expand democracy worldwide. Calling on a global

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Extractives industries in Africa: Blessing or Curse? | …

Extractives industries in Africa: Blessing or Curse? | …

Another source of concern is the impact that the Extractive Industry is having on biodiversity, ecosystems and local communities. Across Africa, case studies abound in which extraction of minerals, forest products, oil and gas has left devastated landscapes and disillusioned communities.

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NEITI and the challenges of transparency in the extractive …

NEITI and the challenges of transparency in the extractive …

The Nigerian Extractive Industry Transparency Initiative (NEITI), an agency at the forefront of transparency and open fiscal policy has recently revealed that the extractive industry is a bee-hive of corruption. They have consistently exposed under-declaration and non-remittance of revenue that accrue from the extractive sector in their audit reports. In an International Anti-Corruption Day in

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Future of mining | ABB

Future of mining | ABB

Technologies changing mining industry''s future For thousands of years mining has provided us with the raw materials we need to develop economies and build communities. Miners often put their lives at risk, travelling deep underground in dangerous conditions to bring these precious elements to the surface.

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Why Nigerian extractive industry transparency …

Why Nigerian extractive industry transparency …

Here, in Nigeria, this has a huge resonance in an effort to identify, in terms of individuals, names and contact details of the real owners of assets in the extractive industries.

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How extractive industries affect health: Political …

How extractive industries affect health: Political …

 · Into the future: Understanding and addressing/challenging the global extractive order Our case examples illustrate multiple pathways between extractive industries and (largely negative) health outcomes via a range of societal determinants of health, from workplace and environmental exposures to illicit outflows of profits.

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(PDF) A RESEARCH PAPER ON THE FUTURE OF MINING …

(PDF) A RESEARCH PAPER ON THE FUTURE OF MINING …

Nigeria is one of the most endowed countries in the World when it comes to its rich mineral resources, but unfortunately has one of the most underdeveloped Mining Industries in the world due to its lazy resort to make easy money off the oil and gas

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Nigeria | Extractive Industries Transparency Initiative

Nigeria | Extractive Industries Transparency Initiative

 · Implementation in Nigeria has mostly focused on oil and gas, which accounts for 99% of extractive sector revenue. The EITI process has exposed outstanding debts by the national oil company to the government, recovered uncollected taxes, identified weaknesses in the regulatory bodies, audited oil-related transfers to the subnational government, estimated oil theft, and examined oil sales.

Get price
Nigeria: Updated Assessment of the Impact of the …

Nigeria: Updated Assessment of the Impact of the …

Looking further out, some analysts suggest that future price shocks, caused by falling global demand for oil, could undermine the economics of Nigerian deep-water projects. In July, Shell announced it was writing down its controversial offshore license OPL 245, which remains at the center of corruption trials in Italy and Nigeria.

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In Hunt for Missing Billions, Buhari Targets Nigeria …

In Hunt for Missing Billions, Buhari Targets Nigeria …

 · Since then, the Nigeria Extractive Industries Transparency Initiative, or NEITI, has said at least $23.2 billion due wasn''t deposited into the national accounts from 2009 to 2011.

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NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY …

NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY …

"extractive industry expert" means a person who has spent a minimum of ten (10) years in a management position in the extractive industry; "NSWG" means National Stakeholders Working Group. 22. Citation This Act may be cited as the Nigeria Extractive

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Nigeria''s petroleum industry long overdue for reforms …

Nigeria''s petroleum industry long overdue for reforms …

Proceeds from fossil fuels, similar to all other extractive minerals, ought to be responsibly utilised in such a manner that they meet the needs of the living without jeopardising future generations.

Get price
How can energy extractives resources be used for sustainable …

How can energy extractives resources be used for sustainable …

extractive industry (oil, gas, uranium, ...), to the development of african economies is not new. Many africans think that the rich mineral and petroleum deposits of the continent are an economic and social development factor. If properly managed, mining and oil

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Why Nigerian extractive industry transparency …

Why Nigerian extractive industry transparency …

Here, in Nigeria, this has a huge resonance in an effort to identify, in terms of individuals, names and contact details of the real owners of assets in the extractive industries.

Get price
Nigeria | Crisis Group

Nigeria | Crisis Group

Nigeria is confronted by multiple security challenges, notably the resilient Boko Haram Islamist insurgency in the north east, long-running discontent and militancy in the Niger Delta, increasing violence between herders and farming communities spreading from the central belt southward, and separatist Biafra agitation in the Igbo south east. Violence, particularly by the Boko Haram insurgency ...

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NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE

NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE

Supplementary Provisions relating to the Nigeria Extractive Industry Transparency Initiative, etc. 2013 EDITION for by NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (NEITI) ACT An Act to provide for the establishment of the Nigeria ...

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Nigeria gets $3 billion from $75 billion invested in Africa''s …

Nigeria gets $3 billion from $75 billion invested in Africa''s …

 · Oil companies operating in Nigeria have rued the retention of only three billion dollars out of an estimated $75 billion investment in the oil and gas sector in the Sub-Saharan Africa countries in ...

Get price
The state-backed oil company in Nigeria''s petroleum economy: Evolution, dilemmas …

The state-backed oil company in Nigeria''s petroleum economy: Evolution, dilemmas …

This paper lays down the foundation of the extractive industry of Nigeria, specifically focusing on the all-important oil industry in Africa''s leading energy producer and the second largest economy on the continent (Rowell et al., 2005; Financial Times, 2010). To this

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Nigeria: Updated Assessment of the Impact of the …

Nigeria: Updated Assessment of the Impact of the …

Looking further out, some analysts suggest that future price shocks, caused by falling global demand for oil, could undermine the economics of Nigerian deep-water projects. In July, Shell announced it was writing down its controversial offshore license OPL 245, which remains at the center of corruption trials in Italy and Nigeria.

Get price
About

About

The Sustainability in the Extractive Industries (SITEI) Conference is an annual workshop, organised by CSR-in-Action in partnership with Nigeria Extractive Industries Transparency Initiative (NEITI). ... The Sustainability in the Extractive Industries Conference was birthed in conjunction with the Deputy High Commission of Canada in October 2012, in Lagos.

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NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE …

NIGERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE …

transparency and accountability in the extractive industry, which culminated to the approval of our firm, Messrs Haruna Yahaya & Co. (Chartered Accountants) on the 18 th January, 2012 by the

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NEITI To Review Enabling Law, Tackle Challenges In …

NEITI To Review Enabling Law, Tackle Challenges In …

 · The Nigeria Extractive Industries Transparency Initiative (NEITI) said it is now set to link its industry reports to visible impacts by ensuring that the strong linkage between the report and the on-going reforms in the industry results in visible impacts through poverty reduction and availability of revenues to support national development ...

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Stopping corruption in the extractive industry – Punch …

Stopping corruption in the extractive industry – Punch …

Another case of corruption in the extractive industry is the so-called fuel subsidy claim which is N1.4tn as of June 2018. Nigeria has three refineries which were built some three decades ago.

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NEITI seeks new approach to attract investments to …

NEITI seeks new approach to attract investments to …

 · Orji called for closer collaboration and partnership with the civil society, oil, gas and mining companies towards the implementation of ongoing reforms in the extractive industry in Nigeria. At ...

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NEITI To Review Enabling Law, Tackle Challenges In …

NEITI To Review Enabling Law, Tackle Challenges In …

 · The Nigeria Extractive Industries Transparency Initiative (NEITI) said it is now set to link its industry reports to visible impacts by ensuring that the strong linkage between the report and the on-going reforms in the industry results in visible impacts through poverty reduction and availability of revenues to support national development ...

Get price
Nigeria

Nigeria

Nigeria Country Strategy Note August 2016 EXECUTIVE SUMMARY Nigeria is Africa''s largest oil exporter, and the world''s 11th largest oil producer, accounting for more than 2.2 million barrels a day in 2011. Nigeria''s oil sector contributes 15 percent to the GDP

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Extractives industries in Africa: Blessing or Curse? | BirdLife

Extractives industries in Africa: Blessing or Curse? | BirdLife

Another source of concern is the impact that the Extractive Industry is having on biodiversity, ecosystems and local communities. Across Africa, case studies abound in which extraction of minerals, forest products, oil and gas has left devastated landscapes and disillusioned communities.

Get price
Nigeria | Crisis Group

Nigeria | Crisis Group

Nigeria is confronted by multiple security challenges, notably the resilient Boko Haram Islamist insurgency in the north east, long-running discontent and militancy in the Niger Delta, increasing violence between herders and farming communities spreading from the central belt southward, and separatist Biafra agitation in the Igbo south east. Violence, particularly by the Boko Haram insurgency ...

Get price