Nigerian Senate Votes in Favor to Abolish Excess Crude Account
Posted on 11/08/2017
On November 7, 2017, a group of Nigerian lawmakers called on the government to shutter the Excess Crude Account of Nigeria (ECA). As of September 2017, the Excess Crude Account of Nigeria (ECA), which used to be the sole counted source of sovereign wealth, held US$ 2.31 billion in assets. Nigeria’s upper chamber of parliament […]
