Nigeria: NEITI Unveils Register of Oil Blocks' Owners

13 December 2019

Abuja — The Nigeria Extractive Industries Transparency Initiative (NEITI) has unveiled a beneficial ownership register, which holds the details of real owners of oil blocks and solid minerals acreages in Nigeria.

NEITI said thursday that the register had become a requirement in Nigeria's compliance to the principles of the global Extractive Industries Transparency Initiative (EITI), adding that it also gives Nigerians an opportunity to know individuals who hold mining blocks and rights in the country.

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