Is Nigeria's Excess Crude Account in Trouble?

Co-ordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, says the country's excess crude account is in trouble with only U.S.$3.6 Billion in the fund, a drop from U.S.$20 Billion in 2006.

Nigerian oil pipeline.

Follow AllAfrica

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.