• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, October 30, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Act On NEITI Audit Report Now, CSOs Urge Tinubu

LEADERSHIP News by LEADERSHIP News
3 years ago
in News
Tinubu 9
Share on WhatsAppShare on FacebookShare on XTelegram

Some civil society organisations in Nigeria, championed by the Civil Society Legislative Advocacy Centre (CISLAC) are urgently calling for immediate government action in response to the troubling revelations brought to light by the NEITI 2021 Oil and Gas Industry Audit Report.

In a press statement signed by the executive director of CISLAC, Auwal Musa Rafsanjani, he said the report has uncovered critical issues within Nigeria’s oil and gas sector that demand prompt attention to ensure transparency, accountability, and optimal national development.

Rafsanjani, who heads Transparency International Nigeria Chapter, emphasized that the report highlighted a decline in Nigeria’s ranking and score in the Transparency International (TI) 2021 Corruption Perceptions Index, underscoring recurring concerns regarding the Nigerian National Petroleum Corporation’s oversight of the nation’s shared assets.

He said the audit revealed alarming losses in crude oil due to theft, sabotage, and measurement errors, along with significant expenditures on PMS subsidies and quasi-fiscal items. Moreover, the report sheds light on unremitted or under-remitted federation revenues, misapplication of the 13% derivation principle, issues related to the Petroleum Industry Act (PIA), sector governance, and concerns regarding crude oil and gas barter arrangements.

CISLAC, therefore, called for immediate action, utilising the legal and regulatory framework provided by the PIA to mobilise civil society for advocacy, public debates, and vigilant monitoring of sector reforms. The organisation advocates for the simplification and widespread dissemination of the report’s key findings to enhance public awareness and drive demand for transparency and accountability.

The group called for the strengthening of the capacity of extractive-focused civic actors concerning essential strategies and sector-specific issues within the PIA, encompassing beneficial ownership, contract transparency, audit remediation, and metering.

RELATED NEWS

Court Jails Woman For 18 Months For Exporting Cannabis To Cape Verde

Prophet Who Predicted Toluwanisings’ Resurrection Reportedly Arrested

Kogi To Distribute 3.14m Mosquito Nets In 1st Statewide Exercise In 9 Years

The CSOs emphasised the critical importance of tracking and following up on remediations and host community development.

“In alignment with the PIA, CISLAC advocates for improved data management processes within government agencies reporting and conducting transactions in the sector. The organization also calls for a thorough investigation and audit into subsidy payments, Project Eagle Loans, and other loan arrangements in exchange for the nation’s crude oil and gas,” CISLAC said.

 

 

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

Mother of Five Bags 24 Months for Attempting to Export 4.8kg Rophynol, Tramadol
South West

Court Jails Woman For 18 Months For Exporting Cannabis To Cape Verde

4 minutes ago
Prophet Who Predicted Toluwanisings’ Resurrection Reportedly Arrested
South West

Prophet Who Predicted Toluwanisings’ Resurrection Reportedly Arrested

7 minutes ago
Kogi To Distribute 3.14m Mosquito Nets In 1st Statewide Exercise In 9 Years
North Central

Kogi To Distribute 3.14m Mosquito Nets In 1st Statewide Exercise In 9 Years

19 minutes ago
Next Post
Catholic Church May Bless Same-sex Marriages – Pope Francis

Catholic Church May Bless Same-sex Marriages – Pope Francis

LATEST UPDATE

Court Jails Woman For 18 Months For Exporting Cannabis To Cape Verde

4 minutes ago

Prophet Who Predicted Toluwanisings’ Resurrection Reportedly Arrested

7 minutes ago

CITAD Launches Digital Platforms To Boost Privacy, Reduce Dependence On Big Tech

13 minutes ago

Kogi To Distribute 3.14m Mosquito Nets In 1st Statewide Exercise In 9 Years

19 minutes ago

CAF Makes U-turn, Restores AFCON To 2-year Cycle

33 minutes ago

JMG Exposes YABATECH Mechanical Engineering Students To Industrial Operations

36 minutes ago

Renewable Energy Investment In Emerging Markets To Hit $356bn By 2040

41 minutes ago

Edo Queens Petition CAF, Demand Replay Of WAFU Final Or Trophy

42 minutes ago

Oyo Seals Feather-Processing Facility Over Offensive Odour, Impounds 13 Cows

47 minutes ago

13th Month Salary: It Is Government’s Recognition Of Contributions Of Workers – TUC

53 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.