Nigeria: Calls for restructuring of petrol agency

The Nigerian Extractive Industries Transparency Initiative, NEITI, has recommended a drastic restructuring of the Nigerian National Petroleum Corporation, NNPC, in order to ensure greater transparency and credibility of certain oil sector payments and receipts in the national oil and gas behemoth. NEITI's recommendation was made in its latest reconciliation report, which covered the period of 2006 to 2008 and published on the website of the extractive industries watch-dog.