National Economic Council has raised alarm over dwindling Excess
Crude Account occasioned by drop in oil price.
Addressing State House
correspondents after the monthly NEC meeting in Abuja, Lagos State
Deputy Governor, Adejoke Adefulure said Minister of State for Finance,
Bashir Yuguda, briefed the council on the state of the nation’s excess
crude account.
The meeting was presided
over by Vice-President Namadi Sambo. Mrs Adefulure said the minster
informed the meeting that the excess crude account stands at 4.1 billion
dollars.
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