A coalition of Civil Society Organisations (CSOs) has called on the Federal Government to collapse the Excess Crude Account, ECA, and 0.5 percent stabilization account into the Sovereign Wealth Fund (SWF) The group gave this advice at a roundtable which focused on Savings and Stabilisation Mechanism for Nigeria organized by one of them – the […]
Tag: . Stabilisation Account
Adeosun Carpets NNPC Over Shoddy Revenue Report To FAAC
In what appeared a major step towards transparency and accountability in the nation’s public finance system, the Minister of Finance, Mrs. Kemi Adeosun, today lambasted the Nigerian National Petroleum Corporation (NNPC) over its revenue discrepancies noticed at the Federation Accounts Allocation Committee (FAAC) meeting yesterday in Abuja. The minister at a briefing in Abuja described […]