L
LequteMan
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Nigeria's Finance Minister Kemi Adeosun, on Thursday presented a report to the Federal Executive Council, the account balance of the Excess Crude Account.
According to Vice President Yemi Osinbajo, she said the balance on the Excess Crude Account stood at $2.3bn.
She added that President Muhammadu Buhari has granted states relief from deductions from their monthly allocations to repay their salary assistance loans totalling N999.5 billion.
The relief is only for April but the president has promised to review the situation of the states on continuous basis.
According to Vice President Yemi Osinbajo, she said the balance on the Excess Crude Account stood at $2.3bn.
She added that President Muhammadu Buhari has granted states relief from deductions from their monthly allocations to repay their salary assistance loans totalling N999.5 billion.
The relief is only for April but the president has promised to review the situation of the states on continuous basis.
