Nigeria’s stabilisation funds drop below $3.9bn – Report

Nigeria’s stabilisation funds drop below $3.9bn – Report
…Can’t finance 20% of 2017 budget OpeOluwani Akintayo 02 August 2017, Sweetcrude, Lagos – Nigeria has one of lowest natural resource revenue savings in the world, with the balance in the three funds – Stabilisation fund, Excess Crude Account, ECA; and Nigeria Sovereign Investment Authority, NSIA, now below $3.9 billion and incapable of funding 20% of […] More »

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