Politics Amaechi raises the alarm over ‘missing $5billion Excess Crude fund’ -The Nation

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Who and what could have made $5billion disappear from the nation’s Excess Crude Account (ECA)?

This was the challenge the Chairman, Nigeria Governors’ Forum (NGF), Rotimi Amaechi, threw at the anti-graft agencies yesterday in Sokoto.

He spoke while declaring the second annual retreat of the state chief executives open.

The River State governor said the Excess Crude Account stood at $9billion last January only to shrink to only $4billion today.

“That account belongs to Federal, States and Local Governments. Today it is $4billion. We don’t know who took $5billion,” he said.

President Goodluck Jonathan, who was billed to deliver the key note address at the retreat, was absent.

Click source for more: The Nation

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