Showing posts with label eca. Show all posts
Showing posts with label eca. Show all posts

Monday, 25 May 2015

Ngozi Okonjo-Iweala Exposes What States Got From Excess Crude Account(ECA)

Keeping to her promise to disclose what the states got from the Excess Crude Account, the Minister of Finance Ngozi Okonjo-Iweala-Iweala Sunday said the 36 states of the federation, received a total of N2.92 trillion from the account between 2011 and 2014.

A statement from the Federal Ministry of Finance released Sunday night said the it had become necessary to make the figures public following recent accusations by the Rivers state governor on behalf of state governors.

The statement from the federal ministry of Finance noted that the “figures show that they (states) received N966.6 billion in 2011, N816.3 billion in 2012, N859.4 billion in 2013 and N282.8 in 2014.