7 Nigeria Extractive Industries Transparency Initiative Act (NEITI) ( 2007 ). 8 Section 21 of the NEITI Act defines an extractive industry company as "any company in Nigeria that is engaged in the business of prospecting, mining, extracting, processing and distributing minerals and gas, including
اقرأ المزيدLocal content in Nigeria's extractive industry. Unquestionably, Nigeria is the largest producer of oil and gas in Africa. Footnote 41 From the available data, Nigeria's oil industry accounts for about 92 per cent of its total exports, generating a value equivalent to 70 per cent of its revenue.
اقرأ المزيد1 Nigeria Extractive Industries Transparency Initiative, Unremitted Funds, Economic Recovery, and Oil Sector Reform (2017) ... CSO capacity on highly technical issues related to the extractive sector. • Government agencies, multi-stakeholder initiatives
اقرأ المزيدLabour Relations and Ethical Dilemmas of Extractive MNEs in Nigeria, South Africa and Zambia: 1950–2000 Gabriel Eweje ABSTRACT. This article examines the ethical charac- ... the MNEs operating in the extractive industries of Africa will have to improve their relations with local employees in order to bridge the legitimacy gaps that exist. An im-
اقرأ المزيدThe extractive industries and the commodities that they produce are the main contributors to climate change. Cutting the use of fossil fuels is therefore essential to fighting climate change and efforts to do so will likely have major impacts on fossil fuel producing countries in the medium to long term.
اقرأ المزيدEven though large-scale extractive industries contribute significantly to revenues in mineral-rich African countries, little is known about their effectiveness, and better approaches could align their contribution to the sustainable development of local communities and the environment around their mining sites.
اقرأ المزيدThis paper offers insight into managing local contents policies in the extractive industries in Nigeria as a point of ... the government of Nigeria should create a 'future fund' into which the country ... through negotiated conditions and agreements between host countries and multinationals evidenced by issues
اقرأ المزيدTo address the above issues, an initiative on Extractive Industries was launched in October 2020 as part of the "Financing for Development in the Era of COVID-19 and Beyond" Initiative (FfDI). Subsequently, five Regional Roundtables were hosted by the United Nations Regional Economic Commissions (RECs).
اقرأ المزيدNigeria's oil and gas industry has been impacted negatively by the activities of multinational corporations (MNCs) predominately located in the Niger Delta region and worsened by the lack of political will of the Nigerian government to effectively regulate the extractive industry.
اقرأ المزيدFew issues surrounding public wealth management in Nigeria enjoy broad geo-political agreement and support. The most vexed question is that of which level of government ought to have control over extractive resources. Behind the resource control debates is the...
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