Business Nigeria's Excess Crude Account Stands At $2.45bn

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Minister of Finance, Mrs Kemi Adeosun, on Tuesday revealed that Nigeria's excess crude account balance stood at 2.45 billion dollars.

The Accountant-General, Mr Ahmed Idris, who represented Mrs. Adeosun, at the monthly FAAC meeting, held in Abuja, gave the figure.

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She said the Federation Account Allocation Committee (FAAC) shared N467.8 billion as revenue for March to the federal, states and local governments.
 
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