30.04.2012 - Excess Crude Account, SWF: S-South govs challenge FG
Governors of the South-South geo-political zone challenged the Federal Government to explain the legitimacy of the Excess Crude Account, ECA, being kept by it since the regime of former President Olusegun Obasanjo and the Sovereign Wealth Fund, SWF, lately proposed by President Goodluck Jonathan, saying both were unconstitutional and they (governors) would not succumb to pressure and intimidation to back the illegal policies. Chairman of the Nigerian Governors Forum, NGF, and governor of Rivers State, Rt. Hon. Rotimi Amaechi, who adumbrated the position of South-South Governors on the matter at the just ended 2nd South-South Economic Summit in Asaba, said...............................................Full Article: Source
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