| From Punchng.com: Following Friday’s endorsement by the Federation Account Allocation Committee of $2bn proposed for sharing by Acting President Goodluck Jonathan from the Excess Crude Account, the new balance in the ECA now stands at $4.2bn.
FAAC at the meeting said that the need to endorse the amount became imperative in order to stimulate economic activities in the country. The committee also approved the sum of N329bn for distribution between the three tiers of government for the Month of January.......................................Full Article: Source
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