owners

FG Unveils 270 Mining Licences, 56 Oil Firms’ Owners

December 13, 2019 5:20 am

There is no more hiding place for the real owners of crude oil and gas and mining assets in Nigeria as the Nigeria Extractive Industries Transparency Initiative, NEITI, has finally begun unveiling the extractive sector Beneficial Ownership Register for Nigeria on Thursday.

The disclosure began with the unveiling of the real owners of 270 licences in the mining sector, the owners of 61 assets and 56 companies in the oil and gas sector.

Speaking at the launch of the extractive sector Beneficial Ownership Register for Nigeria, the Executive Secretary of NEITI, Mr. Waziri Adio, said the register was a way …

Revealing Owners Of Oil Firms Is Anti-Corruption Measure

December 1, 2019 3:53 am

The extractive industry in Nigeria is one of the most opaque industries, often shrouded in secrecy. A recent announcement by NEITI that it will make public names of big players in the oil and gas sector may put an end to the opacity by opening a beneficial ownership register. NEITI’s Executive Secretary, Mr. Waziri Adio, speaks to that in an interview with Nosa James-Igbinadolor

NEITI announced it will open a beneficial ownership register for the oil and gas industry as soon as mid-December. What exactly does the register entail?

The register is designed to ensure ownership transparency. The quest …

Property Owners Storm Lagos Appeal Tribunal

November 11, 2019 2:50 am

Despite the reprieve promised by the Lagos government to property owners, professional groups and the organised private sector after protests that trailed the land use charge law last year, many residents are yet to enjoy the reductions in the rates.

Investigations by The Guardian last week show that property owners within the state still have to battle with high charges on their properties even as many of them had to approach the assessment appeal tribunal to seek redress from what they called, ‘outrageous financial burden’.

The Lagos state land use charge is a property tax backed by the Land Use

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Ortom Warns Livestock Owners Infringing On Grazing Law

October 31, 2019 7:03 am

Governor Samuel Ortom of Benue on Thursday warned livestock owners in the state against infringements on the state’s Anti Open Grazing Law.

Ortom gave the warning in a statement issued by Mr Terver Akase, the Chief Press Secretary to the News Agency of Nigeria (NAN) in Makurdi.

He cautioned livestock owners in the state to abide by the requirements of the law by properly ranching their animals and warned that defaulters of the law would be sanctioned.

The governor was irked by the sight of herds of cattle roaming Makurdi metropolis and ordered the livestock guards to immediately swing to

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