Politics PREMIUM TIMES: FG,36 States to Share N391billion from Excess Crude Account

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abujagirl

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The Federal Government and the the 36 states that make up Nigeria are set to share $1.7billion (about N391billion) from the the Excess Crude Account.

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PREMIUM TIMES reports that after the sharing there will be just about $.3billion remaining in the account which was created to help the two tiers of government save for raining days.

President Muhammadu Buhari had recently raised a committee headed by VP, Yemi Osinbajo to explore the possibility of sharing revenue from the account with state governors.
 
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