| The Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has carpeted the state governors for their insistence on sharing funds from the Excess Crude Account, which now has a balance of $3.6billion rather than saving it in the Sovereign Wealth Fund (SWF).
The minister, who spoke at the first Civil Society Forum Agenda in Abuja, stated that the Excess Crude Account was supposed to metamorphose into the SWF. However, she said the governors were vehemently opposed to it, saying that it was a fight to be able to get $1billion saved in the SWF...............................................Full Article: Source
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