Business Finance Minister, Adeosun Reveals Account Balance of Excess Crude Account

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The Minister of Finance, Mrs Kemi Adeosun, on Thursday said that the balance of the excess crude account stood at 2.45 billion dollars.

The crude balance for August stood at 2.91 billion dollars

Adeosun, represented by the Permanent Secretary of the ministry, Mr Mahmoud Isa-Dutse said this in Abuja on Thursday at the monthly revenue allocation to Federal, States and Local Governments.

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She said Federal, state governments and the local councils shared N420 billion as revenue for September while the balance in the Excess Crude Account remains 2.45 billion dollars.


Recommended: FAAC: How FG, States, LGs Shared N420Bn Allocation For September

 
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