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Nigeria: Senate Calls for Scrapping of Excess Crude Account
Premium Times, 7 November 2017
The Senate on Tuesday called for the abolition of Excess Crude Account. Read more »
The Senate has called for the abolition of the Excess Crude Account set up in 2004 by former president Olusegun Obasanjo. The account was set up to provide savings for the country and stabilize the economy during periods of shortfalls in oil revenue.
Nigerian Senate
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