Naira Rain - Federal Govt, States to Share N391 Billion From Excess Crude Account
The federal government and the 36 states have agreed to share $1.7billion of the $2billion balance in the Excess Crude Account. After the amount, which is about N391billion,is shared, there will be just about $.3billion remaining in the account which was created to help the two tiers of government save for raining days.