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Excess Crude Account Falls By 89%
According to a statement by the Ministry of Finance, Budget and National Planning, Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from $4.1 billion in November 2014 to $472,513 in the same period of 2022. The ECA’s balance as of November 23, 2022, stood at $472,513.64. The…