Recent Articles

The price of oil, the commodity that more than any other determines the fortunes of Nigeria, has fallen over 50 percent since June 2014. The country’s 37 billion barrels of oil reserves are now significantly less valuable than before...

The Nigerian government has released a PriceWaterhouseCoopers audit report about the financial flows between the national oil company and the country's treasury. The document joins a long list of reports that reach a common conclusion: the Nigerian National Petroleum Corporation is broken, and requires urgent overhaul.

The win by opposition leader Muhammadu Buhari signals a major step forward for Nigerian democracy. It’s the first time a Nigerian opposition party has won since military rule ended in 1999, and the elections seem to have been relatively peaceful.

Oil is the lifeblood of modern economy. The discourse about how oil has made or marred the destinies of nations is intrinsically linked to its governance...

The challenges of governing Nigeria’s oil sector are many. Years of corruption and theft – and now plummeting oil prices - present a tough mix for an economy largely dependent on resource revenues.

A new assessment by the Nigeria EITI points to important reforms.

Switzerland-based commodity trading firms are behind a much larger proportion of African governments’ oil sales than previously thought, new research from the Natural Resource Governance Institute (NRGI), the Berne Declaration and SWISSAID has shown.

Tonight, Revenue Watch heads to the movies for the New York premiere of the documentary Big Men. The film tells the story of the competing claims that followed Ghana’s discovery of oil, and in parallel presents Nigeria’s experience with oil as a cautionary tale.

Nigeria's latest oil scandal has erupted, and it's a big one. This week, an online media outlet leaked a letter from the country's central bank governor to the president accusing the national oil company of failing to transfer $50 billion in oil revenues to the treasury between January 2012 and July 2013.

Along with costs induced by violent conflicts in the Niger Delta, the phenomenon has cost Nigeria an estimated loss of $30 billion and poses one of the greatest challenges to contemporary Nigeria.

During a Ted Talk, the U2 frontman called out corruption as one of the primary forces hindering faster progress towards zero poverty.

A new documentary addresses the failings of fuel subsidy management in Nigeria.

Nigeria's proposed Petroleum Industry Bill, before parliament now, could actually make the country's oil industry worse.

The draft Petroleum Industry Bill currently before parliament is unlikely to significantly boost performance of the country’s troubled national oil company.

Crude oil sales make up 70 percent of the government’s annual revenue, so it's imperative for journalists to know how oil revenue is managed.

RWI's Dauda Garuba joined Al Jazeera to discuss whether Nigeria's government has effectively protected the environment against oil operations.

A recent report evalutates the performance, promise and limitations of the Nigerian EITI as an anti-corruption tool.

Nigeria's removal of longstanding fuel subsidies sparked the largest protest in Nigeria’s history and new debates over managing oil wealth.

RWI's Alex Gillies appears on African television to discuss the Petroleum Industry Bill in Nigeria and prospects for oil sector reform amid the fuel subsidy controversy.

As citizens, unions and leaders clash over the removal of fuel subsidies, RWI says the crisis is a pivotal opportunity for oil sector reforms.

Africa’s largest oil producer was thrown into turmoil when regulators removed a subsidy on petroleum products, more than doubling consumer gas prices.

In a chapter in the newly-published Fuelling the World – Failing the Region?, Dauda Garuba discusses EITI in Africa's Gulf of Guinea.

Pambazuka News interviewed four anti-corruption activists, including RWI's Dauda Garuba, on what Nigeria's path out of corruption should be.