Tag: Excess Crude Account
FG announces boost in nation’s economy
The Government also said that the nation’s Natural Resources fund stood at over N53.89 billion.
NEC reconstitutes committee to reconcile Excess Crude Account
The National Economic Council on Thursday in Abuja reconstituted an Ad-hoc Committee to reconcile the Excess Crude Account, Nigerian National…
Excess crude account depletes amid oil price volatility
Programme Coordinator of the Nigeria Natural Resource Charter (NNRC), Tengi George-Ikoli, has expressed fears that the dip in oil prices…
Nigeria’s Excess Crude Account stands at $2.09bn
The National Economic Council (NEC) says Nigeria’s Excess Crude Account stood at over 2.09 billion dollars as at Oct. 16.
FG bailout for states drawn from NLNG dividends, not ECA – Presidency
The Presidency has reacted to reports in the media that the federal government took money from the Excess Crude Account…
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Excess Crude Account: Like Jonathan, Like Buhari
President Muhammadu Buhari of Nigeria has taken a cue from the immediate past president of the west African country, Goodluck…
Obasanjo established Excess Crude Account for rainy day- El Rufai
Governor Nasir El Rufai of Kaduna state has explained why former president of Nigeria, Olusegun Obasanjo established the Excess Crude…
4 governors appointed to verify accruals, withdrawals for Federation Account, ECA
The National Economic Council (NEC) on Monday set up a four-man committee to examine the accruals into and withdrawals from…
Make public Excess Crude Account, CACOL dares Okonjo-Iweala
Eromosele Ebhomele The Coalition Against Corrupt Leaders, CACOL, on Wednesday dared the Minister of Finance and Coordinating Minister of the…
Excess crude account is empty, not shared in 18 months, says Oshiomhole
Jethro Ibileke/Benin Governor Adams Oshiomhole of Edo State Wednesday revealed that President Goodluck Jonathan-led federal government has emptied the nation’s…
Okonjo-Iweala denies 1bn dollars missing from Excess Crude Acct
The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Wednesday said that there was no money missing from the Excess Crude…
Excess Crude account stands at $3.5bn, says Okonjo-Iweala
Nigeria’s National Economic Council, NEC on Thursday asked the Federal Government to separate the Excess Crude Accounts from the Sure-P…
Nigeria Rejects Govs’ Demand For $1b
The Federal Government has rejected the request by the 36 state governors to disburse one billion dollars from the Excess…
Nigerian governors to sue FG over deductions from account
The Nigeria Governors` Forum (NGF) has said it would return to court to challenge the Federal Government ‘s deductions from…
FG, states opt for talks on Excess Crude Account
The Federal Government of Nigeria and 36 State governments are exploring the option of settling their dispute over the Excess…
SWF: Govs Head To Supreme Court
The ripples generated by Federal Government’s insistence to go ahead with the Sovereign Wealth Fund for which it earmarked one…
CORRUPTION: Ribadu Asks Jonathan To Resign
Following the findings of the Presidential Advisory Committee (PAC) headed by retired General Theophilus Danjuma that the administration of President…