Fubara presents N1.188 trillion 2025 budget
Mr Fubara is battling a legal challenge on the validity of the Rivers 2024 budget.
Tag: Excess Crude Account
![National Economic Council (NEC) meeting, presided over by its Chairman, Vice President Kashim Shettima with the President in attendance [Photo Credit: @voiceofnigeria]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2024/06/20240628_071454.jpg?fit=2048%2C1364&ssl=1)
What governors, VP Shettima discussed at NEC meeting – Official
The government also said that the nation’s Natural Resources fund stood at over N53.89 billion.
Tinubu’s advisory council recommends sale of assets to settle Nigeria’s debt obligations
It also recommended that the government move to a well-functioning, market-oriented power sector.
Akwa Ibom, Delta get more as Presidency releases details of refunds to Niger Delta states
The government says the states got N625 billion and have an outstanding of N860 billion.
ECA: Nigerian govt pays lawyer $4 million ‘consultancy fee’; Senate wants identity of recipient
The Senate is probing the dwindling status of the Excess Crude Account
![Minister of State for Budget and National Planning, Zainab Ahmed. [Photo credit: Guardian Nigeria]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/08/Hajiya-Zainab-Ahmed-e1502989773578.jpg?fit=800%2C450&ssl=1)
N614bn Bailout: FG begins deducting from states’ allocations
The federal government extended the conditional budget support facility to the 35 states in 2017.
![FAAC Meeting used to illustrate the story [Photo: Presidency]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2020/01/FAAC.jpg?fit=627%2C375&ssl=1)
Nigerian govt, states, LGs share N717 billion for December
The balance in the Excess Crude Account (ECA) was about $325 million.
Nigerian govt, states, others share N636 billion in November
As at November 19, the balance in the Excess Crude Account (ECA) stood at about $325 million.
PDP, Presidency trade words over ‘whereabouts’ of $1 billion ECA Fund
The PDP said the 'confession' by the NSA places a huge burden on President Buhari.
Excess Crude Savings: Why Nigerian govt. must ‘aggressively’ fund NSIA – Official
“The NSIA is doing a good job with the small savings available to it in the Stabilisation Account,” the minister ...
Excess Crude Account is illegal, Nigeria’s Auditor-General warns
The Senate had also described the ECA as illegal.
$1 billion arms procurement: Ogun assembly approves deduction of share in ECA
The Assembly explains why it backed the state governor's request.
Impeachment Call: Senate silent as committee fails to meet deadline
Section 143 of the Nigerian constitution provides for the removal of the president from office.
Niger govt receives N149 billion in three years
Part of the money also included the N59.3 billion received as Paris Club refund.
Nigeria has $1.8 billion in Excess Crude Account – Official
The official also gave the balance in other accounts.
Nigeria’s democracy under threat – Southern, Middle Belt leaders
The group also called on Nigerians to employ self defence in addressing threats to their lives.
Buhari explains to Senate why he ordered withdrawal of $462 million without approval
Mr Buhari said he was confident the National Assembly would approve release of the fund, hence his anticipatory approval.
Bayelsa threatens to sue federal govt over $1 billion ‘security fund’
The state says the plan to use the money for security must not disfavour Niger Delta states.
Forensic audit shows massive under-remittances by Nigerian revenue agencies
The Council constituted the committee in late 2017 following reports that uncovered fraud in about 13 of the agencies.
Buhari won’t spend $1 billion ECA fund without National Assembly approval – Aide
The Senate had asked the president not to spend the money without appropriation.
Nigerians divided over govt’s decision to spend $1 billion ECA to tackle Boko Haram, insecurity
Half of the respondents in a poll opposed the move to spend the money.
Why I supported withdrawal of $1 billion ECA to tackle insecurity – Wike
The governor also spoke on the new PDP leadership.
Major Events As Nigerian Senate Closes For The Year
Senators will resume for duty on January 16, 2018.
$1 billion ECA fund for Boko Haram: Your governors gave approval, APC tells PDP
APC says there is no contradiction in saying that Boko Haram is technically defeated and saying more weapons and trainings ...
![Majority Leader of the House of Representatives, Femi Gbajabiamila. [Photo credit: Concise News]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/12/Femi-Gbajabiamila.jpg?fit=750%2C450&ssl=1)
Fayose right to oppose $1 billion ECA to fight Boko Haram – Gbajabiamila
The Ekiti governor opposes the expenditure.
