Sat, Feb 28, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Performance

Nigeria’s Excess Crude Account savings double to $9 bln

Posted on 05 December 2012

Nigeria has doubled savings in its Excess Crude Account (ECA), now totalling $9 billion, amidst efforts to improve fiscal discipline and economic stability in the country. Finance Minister Ngozi Okonjo-Iweala revealed that funds in the ECA have grown to at least $9 billion, up from last year’s savings figure of $4 billion.
“We have about $9 billion in the excess crude account. Last year it was $4 billion, so it’s more than doubled,” Okonjo-Iweala said………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 15806 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
M T W T F S S
« Jan    
 1
2345678
9101112131415
16171819202122
232425262728