Nigeria Excess Crude Account Falls to Around $460 Million
Posted on 08/15/2010
The amount of funds in the Nigeria Excess Crude Account plummeted to US$ 460 million. In the middle of 2007, the account had more than US$ 19 billion. There are tense negotiations to create a SWF for Nigeria, where $1 billion has been set aside. The governors are demanding more money to flow to their […]
