By Sylvia Felix Policy Alert, a non-governmental organization says consistency in sensitizing the people of Mfamosing, Akamkpa Local Government Area, one of the host communities of cement manufacturer, Lafarge Holcim is key in ensuring beneficial ownership and don’t suffer from the proverbial resource curse. Beneficial ownership in the extractive industry means the right of individuals
By CrossRiverWatch Admin In what seems a paradigm shift from existing norms, over a dozen journalists were on Friday in Calabar, trained on reporting in depth the extractive industries in Cross River State in a bid to promote contract transparency, beneficial ownership, accountability, and overall transparency in the sector. The training, which had physical and
By Emmanuel Addeh, This Day Newspaper Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday put the amount the Federation Accounts Allocation Committee (FAAC) shared among the Federal, State, Local Government Areas and other statutory recipients in the first half of 2020 at N3.879 trillion. A breakdown of the disbursements, according to a statement signed by the
By CrossRiverWatch Admin None of Nigeria’s 36 States could fully fund their 2019 budget with funds they received from both the federation account and internally generated revenues. In most cases, the funds couldn’t pay up to 50 per cent of their expenditures, writes Chineme Okafor and published by This Day Newspaper. A new quarterly report
by crosssriverwatch admin The Nigeria Extractive Industries Transparency Initiative, NEITI , is not a witch hunting instrument or a self seeking exercise but a voluntary process through which verifiable data is validated and published for use by policy makers and the public towards improving the country’s macroeconomics environment and strengthening public expenditure management and implementing