17.02.2010 - Nigeria: How $20 bln Excess Crude Account shrank to $4.2 bln
From Allafrica.com: Political rather than economic considerations were behind the sharing of Nigeria's excess crude account by the three tiers of government. From a robust sum of $20 billion in January 2009, the account has now been reduced to $4.2 billion through successive withdrawals from the account. While the need for economic development was always advanced for the sharing of the money, lack of development in all spheres of the nation's building has shown otherwise........................................Full Article: Source
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