06.06.2011 - Excess crude account unconstitutional – Saraki
A member of the ruling Peoples Democratic Party (PDP), and immediate past chairman of Nigeria Governors Forum Dr. Bukola Saraki justified the sharing of the excess crude account, benefits of the Sovereign Wealth Fund. The Constitution is very clear that even the issue of excess crude account is against the principle of the Constitution. If you go by the Constitution, there is nothing like excess crude. Every money that comes in must be shared. So if that is the Constitution, then the Federal Government is not doing states a favour (by sharing the money). It is their (states) money...............................................Full Article: Source
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