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Thursday, 30 July 2015

INVESTIGATION: At least ₦11.56 trillion Excess Crude Fund unaccounted for in 8 years


Finance Minister, Ngozi Okonjo-Iweala
Finance Minister, Ngozi Okonjo-Iweala
At least N11.55 trillion or $84.52 billion expected revenue into the coffers of the nation’s Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on data from multiple government agencies not made public, in violation of the laws of the land, for about a decade now.

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