WATCH THE VIDEO HERE The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that Nigeria generated over 831.14 billion dollars in revenue from the oil and gas sector between 1999 and 2023. NEITI’s Executive Secretary, Ogbonnaya Orji, stated this on Monday when he appeared before the Senate Committee on Public Accounts. He also stated that the country requires $20 billion annually for the next 10 years to develop its gas infrastructure. The committee, chaired by Senator Ahmed Wadada, was receiving briefings on the findings of NEITI’s 16-cycle reports covering 78 firms in the extractive industries. The NEITI boss also declared that Nigeria generated over 831.14 billion dollars in revenue from the oil and gas sector between 1999 and 2023.
Nigeria enerated $831.14b from oil & gas in 24 years — NEITI
