Excess Crude Account Drawn Down to U.S.$3.5 Billion

November 15, 2013 | konknaijaboy

(Photo: Vanguard)

The Federation Account Allocation Committee (FAAC) Thursday withdrew $1 billion from the Excess Crude Account (ECA) to augment the revenue for October, leaving the ECA at about $3.598 billion.

It was gathered that President Goodluck Jonathan approved … Read More