Fidelity bank banner Bayelsa State banner
Excess Crude Account rises to $3.45 Billion

By News Express on 16/03/2014

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,182


Nigeria’s Excess Crude Account (ECA) has increased by $1.34 billion, the Minister of Finance announced this evening.

This brings the total savings in the ECA to $3.45 billion. Before the latest development, there was $2.11 billion in the account.

In percentage terms, this represents an increase of about 63.5%.

According to the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, the rise in the ECA signals the Federal Government’s commitment to rebuilding the country’s fiscal buffers by increasing the savings in the ECA and strengthening the foreign reserves.

•Photo shows Minister of Finance, Okonjo-Iweala.

Source News Express

Posted 17/03/2014 02:15:39 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
BREAKING NEWS: Plot to impeach Abia Speaker thickens...

Notorious assassin opens up in police custody •Exposes...

Boko Haram Insurgency: Tears of joy as 8...

If I were Osoba..., By Johnson Alabi

BREAKING: Real Madrid beat Liverpool in 2018 Champions...

Customs arrests notorious job scammer

How oil marketers, banks colluded to defraud Nigeria...

Group attacks Okorocha over N850m Christmas Tree •Warns...

2016 Golden Pen Awards to hold in October...

Catalan parliament declares independence from Spain

Boko Haram’s continued detention of Leah Sharibu without...

Gale of military retrenchments and poor media presentation...

 

Latest News 2019: Atiku shuts down Yola APC a dying party swimming in corruption — Secondus •Promises Tsunami in the weeks ahead It’s payback time for Turaki’s loyalty, says Bauchi State PDP 431 Pharmaceutical shops sealed in Imo How ex-IGP Ibrahim Coomassie ordered my arrest, imprisonment in Kirikiri Prison – Shehu Sani Fire guts main market in Jos, razes 217 shops Ekiti Election: Oshiomhole exceeded expectations in his first national assignment as APC Chairman — Senator Alimikhena Adegboruwa weighs options as Joe Igbokwe eats the humble pie Kano has over 3 million out of school children – Ganduje UK to assist INEC deliver credible, free and fair polls in 2019 We have not suspended issuance of cards — NIMC Police to support Eko Disco on debt recovery

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (363,412 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (359,131 views) Shameless Genevieve Nnaji exposes breasts in public (287,537 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (235,953 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (215,260 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (212,947 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (187,040 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (168,988 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (156,568 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (153,281 views) Lagos plane crash: Journalist releases victims’ names (148,057 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (139,174 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (52) Business & Economy (3,364) Business Verdict (48) Columnists (890) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (516) Features (616) Global Business Monitor (286) International (2,156) Interview (158) Live Commentary (28) Love Matters (127) News (37,333) Opinion (1,024) Pidgin (10) Politics (5,638) Religion (788) Sports (1,612) Stock Watch (33) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Nigerian detainees send SOS from Osama prison

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement