Wednesday 27 January 2016

NIGERIA ON COURSE WITH OIL AUDIT VALIDATION, SAYS NEITI

Oil prices may crash further by 27% in 2016, says World BankNigeria Extractive Industries Transparency Initiative (NEITI) has confirmed that Nigeria may not default afterall, over the December deadline for publishing of its new 2013 Oil, Gas and Solid Minerals audit reports.

Specifically, the NEITI said the two reports are ready and awaiting the approval of the incoming National Stakeholders Working Group expected to be reconstituted soon, before they are formally released and published.

Read more @ Guardian Online

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