Stop misusing Excess Crude Account

Stop misusing Excess Crude Account

REELING from sharp declines in revenues, it was hardly surprising that ex-President Goodluck Jonathan government’s last days in office were marred by a bitter spat with state governors over the Excess Crude Account. Though designed strictly as a fiscal buffer, the fund had been reduced to an insignificant $2.1 billion by May and the three... [Read More...]
Source: Stop misusing Excess Crude Account

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