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HomeOil & GasExcess Crude Accounts Hit $72m

Excess Crude Accounts Hit $72m

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By Babajide Okeowo

Nigeria’s excess crude account balance now stands at $72,411,197.80.

Minister of Finance, Budget and National Planning, Mrs. Zainab

Ahmed made this known on Thursday at the first National Economic Council (NEC) meeting in 2021 presided over by Vice President Yemi Osinbajo.

Excess Crude Account (ECA), balance as at 20th January 2021, $72,411,197.80; Stabilisation Account, balance as at 19th January 2021, N28, 800, 711,295.37; Natural Resources Development Fund Account, balance as at 19th January 2021, N95, 830,729,470.82” the Minister disclosed.

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