Civil Society

Nigeria oil JVs to control budgets

Nigeria oil JVs to control budgets

Nigerian President Muhammadu Buhari has taken his first steps towards overhauling the troubled state oil firm by giving its exploration joint ventures control over their own budgets as a way to overcome chronic cash shortages, reports Reuters Africa. Corruption and mismanagement at the Nigerian National Petroleum Corporation have hampered an industry that provides 70 percent […]

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Former Nigeria oil minister arrested

By on October 26, 2015 in Civil Society, Politics, Topical Issues with 0 Comments
Former Nigeria oil minister arrested

Nigeria has confirmed the arrest in London of former oil minister Diezani Alison-Madueke on suspicion of bribery and money laundering. ‘Nigeria is aware of the arrest of the former petroleum minister in London on money laundering charges,’ presidential spokesman Garba Shehu is quoted in Yahoo News report as saying. ‘The government has been informed and […]

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Nigeria: Experts advocate oil firms cordiality with host communities

Nigeria: Experts advocate oil firms cordiality with host communities

As Nigeria continues to battle insecurity caused by Boko Haram insurgents, oil and gas experts have advocated a more cordial and harmonious relationship between multi-national oil companies operating in the country and the host communities in order to prevent induced violent crisis. They also urged the Federal government to enact laws to protect the rights […]

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Uganda’s hopes in extractives sector lie in EITI

Uganda’s hopes in extractives sector lie in EITI

Uganda has high expectations in the extractives sector, especially with an addition of oil and gas resource to the basket of the abundant mineral resources. However, these hopes can only be realised if the country agrees to sign up to the Extractive Industries Transparency Initiative (EITI). The EITI is an international standard for transparency in […]

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Balancing act: resettling communities and mining

Balancing act: resettling communities and mining

Laws regulating the resettlement of communities for mining projects are often not clear enough to avoid problems that could delay or even threaten the mine’s sustainability. This is according to Robert Gyamfi, community relations and social responsibility manager at Golden Star (Bogoso/Prestea), a subsidiary of Golden Star Resources in Ghana, a mining company operating in […]

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Tullow lifts a corner on Africa’s oil payments curtain

* Tullow data covers 8 countries, but not contract terms * U.S., EU legislation will require greater transparency * Tullow says Uganda could earn $50 bln from existing finds By Andrew Callus, Reuters Africa-focused Tullow Oil Plc took a step this week towards the extra openness on government payments anti-corruption legislators want, releasing figures by […]

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