Nigeria’s Excess Crude Oil Funds Hit $8.03bn

Nigeria’s Excess Crude Account savings rose significantly in August to $8.03 billion, over $1 billion more than the savings in June.Briefing the media at the end of the month’s Federation Accounts Allocation Committee, FAAC, meeting on Friday in Abuja, Accountant General of the Federation, Jonah Otunla, confirmed that the three tiers of government shared N570.61 billion from gross revenue of