FG To Split N391Bn From Excess Crude Account With The 36 States

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Nigeria Records N7trn Revenue From Crude Oil Exports

The Nigerian Government is set to share $1.7billion (about N391billion) from the Excess Crude Account with the 36 states of the federation.

According to report, after the splitting, there will be just about $.3billion remaining in the account which was created to help the two tiers of government save for raining days.

It would be recalled that President Muhammadu Buhari raised a committee headed by VP, Yemi Osinbajo to explore the possibility of sharing revenue from the account with state governors.

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism. If you ever find my article unduly insipid, sue me and i’ll refund you...

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