In 2003, Nigeria voluntarily signed up to the global Extractive Industries Transparency Initiative (EITI). The decision to accede to the EITI and establish the Nigeria Extractive Industries Transparency Initiative (NEITI) was taken in the context of the comprehensive socio-economic reform programme embarked upon by the Federal Government of Nigeria during the second term of the former President Olusegun Obasanjo administration which commenced on May, 29, 2003.
The reform programme, which was encapsulated in the National Economic Empowerment Development Strategy (NEEDS), focused on four main areas namely to improve Nigeria’s macro-economic environment; pursue structural reforms; strengthen public expenditure management and implement institutional and governance reforms. Implementing the EITI in Nigeria by establishing the NEITI was part of the institutional and governance reforms.
Nigeria joined the EITI to promote prudent management of revenues from its abundant natural resources to reduce poverty and ensure sustainable development.
Company Details
- Employees
- 24
- Founded
- -
- Address
- 121 Danladi Kifasi Close, Wuye,federal Capital Territory,nigeria
- Industry
- Oil, Gas, And Mining
- NAICS
-
Mining, Quarrying, and Oil and Gas ExtractionSupport Activities for MiningDrilling Oil and Gas WellsSupport Activities for Oil and Gas OperationsSupport Activities for Coal MiningSupport Activities for Metal MiningSupport Activities for Nonmetallic Minerals (except Fuels) Mining
- Website
- https://neiti.gov.ng/
- HQ
- Wuye, Federal Capital Territory
- Competitors
- Nigerian Upstream Petroleum Regulatory Commission (NUPRC), ND Western Limited, FIRST Exploration & Petroleum Development Company, Nigeria Hydrocarbon Measurement Conference (NiHMEC), Chappal Energies Mauritius Limited, Nigeria EITI, Oando Plc, Renaissance Africa Energy Company, Fleissen & Company Limited, Waltersmith Group.
Neiti (Nigeria Extractive Industries Transparency Initiative) Questions
Neiti (Nigeria Extractive Industries Transparency Initiative)'s website is https://neiti.gov.ng/
Neiti (Nigeria Extractive Industries Transparency Initiative)'s LinkedIn profile is https://ng.linkedin.com/company/nigeria-eiti
Neiti (Nigeria Extractive Industries Transparency Initiative) has
24 employees.
View email and phone details for 24
employees at Neiti (Nigeria Extractive Industries Transparency Initiative).
Neiti (Nigeria Extractive Industries Transparency Initiative)'s industry is
Oil, Gas, and Mining
Neiti (Nigeria Extractive Industries Transparency Initiative)'s top competitors are
Nigerian Upstream Petroleum Regulatory Commission (Nuprc),
Nd Western Limited,
First Exploration & Petroleum Development Company,
Nigeria Hydrocarbon Measurement Conference (Nihmec),
Chappal Energies Mauritius Limited,
Nigeria Eiti,
Oando Plc,
Renaissance Africa Energy Company,
Fleissen & Company Limited,
Waltersmith Group.
Neiti (Nigeria Extractive Industries Transparency Initiative)'s categories are Oil, Gas, and Mining
Neiti (Nigeria Extractive Industries Transparency Initiative)'s founding year is 2003
