Nigeria’s Excess Crude Account Remains Static, FAAC Revenue Rises 9.8%
By Aduragbemi Omiyale The balance in Nigeria's excess crude account (ECA), as of January 17, 2023, stood at $473,754.57, the ...
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Tag: Excess Crude Account
Nigeria’s Excess Crude Account Plunges by 98.9% in One Month
By Adedapo Adesanya The amount left in the country’s Excess Crude Account (ECA) has plunged by 98.9 per cent to ...
Reps Demand Immediate Scrapping of Excess Crude Account
By Modupe Gbadeyanka The House of Representatives on Tuesday recommended the immediate scrapping of the Excess Crude Account (ECA) created ...
Nigeria’s Excess Crude Account Falls to $71.8m from $321m in Four Weeks
By Adedapo Adesanya About four weeks ago, Business Post raised an alarm over the declining rate of the amount in ...
Only $323.7m Remains in Nigeria’s Excess Crude Account—FAAC
By Adedapo Adesanya The Federation Account Allocation Committee (FAAC) has disclosed that the current balance in Nigeria’s Excess Crude Account ...
Nigeria Has $1.92b in Excess Crude Account—Minister
By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun, on Thursday disclosed that the balance left in the nation’s Excess ...
$2.3b in Nigeria’s Excess Crude Account—Ganduje
By Modupe Gbadeyanka As at Monday, January 15, 2018, a total of $2.317 was the amount left in Nigeria’s Excess ...
Senate Stops Probe of $122.2m Excess Crude Account Fraud
By Dipo Olowookere The Nigerian Senate has moved to stop an attempt by some of its members to influence the ...
Nigeria’s Excess Crude Account Worst-Managed Funds—Report
By Modupe Gbadeyanka The Excess Crude Account (ECA) of Nigeria has been described as the “worst-governed funds” in the world. ...
Nigeria’s Excess Crude Account Drops to $2.3b
By Dipo Olowookere The sub-Committee of Federation Accounts Allocation Committee (FAAC) of the Office of the Accountant-General of the Federation ...
