FG Withdraws $1.6bn In 3 Weeks, Depletes ECA to $631m

Between November 25 and December 19, the amount in the Excess Crude Account declined by about $1.68bn, statistics obtained from the Federation Account Allocation Committee have revealed. Complete your booking at Domfav Hotel - it only takes 30 secondshttps://hotels.ng/hotel/997910-domfav-hotel-suite-international-limited-ondo/book9 The Punch reported that as of November 25 when the FAAC committee meeting was held to allocate revenue for that month, the balance in the ECA was put at $2.319bn. However, at the resumed meeting on Wednesday at the headquarters of the ministry of finance, the balance, according to the Permanent Secretary in ministry, Mahmoud Dutse, had dropped to

By |December 20th, 2018|Categories: News|Tags: , , |0 Comments
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