Excess Crude Account Archives

Senate calls for abolition of Excess Crude Account

November 7, 2017 0

The Senate on Tuesday called for the abolition of Excess Crude Account. The Upper Chamber also called on the executive to pay the amount above the oil benchmark into the Federation Account in compliance with the constitution. It further requested the executive to act in conformity with Sections 80 (1-4) and 162(1-3) of the 1999 Constitution (Amended) in its revenue …

I did not indict Jonathan’s administration – Okonjo-Iweala

April 16, 2016 0

Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has reacted to some media reports which she said distorted some of her comments concerning the past administration. Okonjo-Iweala, who reacted through her media adviser, Paul C. Nwabuikwu, said some of the media reports making the rounds have distorted her comments. The former Minister in a release made available to www.newsscreenng.wordpress.com, clarified issues …