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Nigeria earned $741.48bn from oil, gas in 21 years – NEITI

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Nigeria earned 741.48 billion dollars from oil and gas between 1999 and 2000, the Nigeria Extractive Industries Transparency Initiative (NEITI) declared in Abuja on Tuesday.

 

Its Executive Secretary, Dr Orji Ogbonnaya Orji, made the declaration at a stakeholders’ engagement forum on the implementation of the Petroleum Industry Act (PIA).

He said NEITI had so far conducted and published 25 cycles of audit reports in the oil and gas sector, covering the period 1999-2020.

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