Tag: Eca

  • FG Withdraws $1.6bn In 3 Weeks, Depletes ECA to $631m

    FG Withdraws $1.6bn In 3 Weeks, Depletes ECA to $631m

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    by

    Starnews NG
    in

    Between November 25 and December 19, the amount in the Excess Crude Account declined by about $1.68bn, statistics obtained from the Federation Account Allocation Committee have revealed. The Punch reported that as of November 25 when the FAAC committee meeting was held to allocate revenue for that month, the balance in the ECA was put…