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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Excess crude account: Explain how $5bln got missing – Nyako tells FG

Posted on 26 November 2013

Adamawa State Governor, Murtala Nyako has asked the Federal Government to give facts and figures on the alleged depletion of the Excess Crude Account. The governor said “semantics and grammar” being used against well-articulated observations and questions raised by Governor Rotimi Amaechi, are not what Nigerians expect to hear from government officials.
He spoke while reacting to the face-off between the Minister of Finance, Dr. Ngozi Okonjo-Iweala and his colleague-governor, over the actual balance in the account………………………………………..Full Article: Source


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