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The Federal Government of Nigeria stated on Thursday that N13 trillion was spent on petrol subsidies between 2005 and 2021. It also stated that N16.3 trillion was lost to oil theft from 2009 to 2020. | Pulse Nigeria
However, stringent measures are taken to protect legitimate rights, liberty and freedom of the asset owners in managing the disclosures and use of the information.
The war in Ukraine will put further pressure on grain-importing countries in Africa and Asia as a reduced number of vessels for delivering cargoes…
Zambia officially launched its participation in the Opening Extractives programme. The event affirmed the country’s commitment to beneficial ownership transparency. Government ministries, civil society and company representatives emphasised the contribution of the programme in enhancing beneficial ownership reforms and strengthening natural resource governance.
The EITI Board concluded that Zambia has achieved a high score in EITI implementation. Zambia has used the EITI to inform public debate and policy, thanks to a strong foundation for implementation through its multi-stakeholder group, the Zambia EITI Council (ZEC). Some gaps remain to be addressed to build a more transparent extractives sector.