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Nairaland Forum / Nairaland / General / Politics / Excess Crude Account Falls By 89% To $472,513 (7997 Views)
Gloomy Outlook For States As Federation Account Falls / Governors Upset By Excess Crude Account Depletion / Only $323.7m Left In Nigeria’s Excess Crude Account - FAAC (2) (3) (4)
Excess Crude Account Falls By 89% To $472,513 by dre11(m): 5:43pm On Nov 24, 2022 |
Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from $4.1bn in November 2014 to $472,513 in the same period of 2022. https://punchng.com/excess-crude-account-falls-by-89-to-472513/?amp 1 Like
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Re: Excess Crude Account Falls By 89% To $472,513 by Nobody: 5:46pm On Nov 24, 2022 |
What buhari cannot destroy does not exist 88 Likes 3 Shares |
Re: Excess Crude Account Falls By 89% To $472,513 by incandescentena: 5:48pm On Nov 24, 2022 |
Werey APC 17 Likes 1 Share |
Re: Excess Crude Account Falls By 89% To $472,513 by kenbee(f): 6:01pm On Nov 24, 2022 |
And some people are still struggling to install Buhari Pro Max come 2023. This is more reason we all need to be Obidient 100 Likes 7 Shares |
Re: Excess Crude Account Falls By 89% To $472,513 by obinna58(m): 6:01pm On Nov 24, 2022 |
As a result of their incompetency and failure they’ll impose more tax on already wrecked Nigerians Lazy government being supported by selfish people It’s already certain this country will collapse in the near future else 24 Likes 3 Shares |
Re: Excess Crude Account Falls By 89% To $472,513 by Omihanifa: 6:02pm On Nov 24, 2022 |
Same excess crude account that obasanjo left at 25billion dollars in 2007. The government should just remove this fuel subsidy that is eating deep into our savings. 16 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by DesChyko: 6:02pm On Nov 24, 2022 |
The ECA is meant for deposits from oil sales if the amount it is sold for per barrel exceeds the benchmark planned in the budget. At an average of $90 per barrel since December till date, 1 million barrel per day production capacity & a benchmark of $62 in budget, the APC government should have $9bn deposited so far in the ECA in 2022. Instead an additional $35m was removed from the ECA in June. Under President Jonathan, Peter Obi was a governor named by Ngozi Okonjo Iweala that vocally supported saving excesses in the ECA. They saved up to same $9bn that year. But then-governors like Aregbesola, Fashola, Akpabio, Amaechi and Oshiomole fought tooth and nail against the idea until the money was shared. Today they all hold different offices in APC. It shouldn't be surprising that there were no savings there. But it doesn't have to continue. Remove the weed and let the plants grow. Vote wisely! 61 Likes 7 Shares |
Re: Excess Crude Account Falls By 89% To $472,513 by Wurld: 6:02pm On Nov 24, 2022 |
Make dem go withdraw the balance share am give Nigerians, make we use am hold body for Christmas There was a country 38 Likes 2 Shares
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Re: Excess Crude Account Falls By 89% To $472,513 by sotall(m): 6:02pm On Nov 24, 2022 |
Buhari and APC will never happen to Nigeria again 18 Likes 1 Share |
Re: Excess Crude Account Falls By 89% To $472,513 by JOHNFBOSCO(m): 6:02pm On Nov 24, 2022 |
Jesssuuuuuu!!!!!! Wet Wetin be that No be even say na like in millions ooo na in thousands dollars chai... Anybody wey vote for pdp and apc again, may he and his family continue to suffer for 700 yrs Pls Obi all the way 13 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by Jessewizy(m): 6:02pm On Nov 24, 2022 |
And some corn-genital idiots still want APC in power. Curse be unto them who brought hardship upon Nigerians 18 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by Ndumyke(m): 6:02pm On Nov 24, 2022 |
Wahala dehi ooo |
Re: Excess Crude Account Falls By 89% To $472,513 by Nobody: 6:02pm On Nov 24, 2022 |
Will dollar price rise or fall before December? Should I sell my dollars now? I need expert inputs please. |
Re: Excess Crude Account Falls By 89% To $472,513 by inoki247: 6:02pm On Nov 24, 2022 |
lol account wey go still enter minus like abandon Access Bank Account wey dem jus dey debit any aw.... 2 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by chicoMX(m): 6:02pm On Nov 24, 2022 |
So there's still something left? Buhari is doing well! 1 Like |
Re: Excess Crude Account Falls By 89% To $472,513 by alingo2013(m): 6:03pm On Nov 24, 2022 |
BAT will do worse 1 Like |
Re: Excess Crude Account Falls By 89% To $472,513 by Eriokanmi: 6:03pm On Nov 24, 2022 |
APC! We've seen the real change. Thank you very much! 2 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by JoeyNaza: 6:03pm On Nov 24, 2022 |
Vff |
Re: Excess Crude Account Falls By 89% To $472,513 by kenbee(f): 6:04pm On Nov 24, 2022 |
Nigerians, See your only surebet out of this mess caused/brought by PDAPC! 12 Likes 1 Share
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Re: Excess Crude Account Falls By 89% To $472,513 by xevove2061: 6:04pm On Nov 24, 2022 |
Buhari and APC made it a point of duty ro destroy nigeria. I dont know why Buhari tried to run for presidency 4 times when he knew he was not serious 3 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by israelmao(m): 6:04pm On Nov 24, 2022 |
Every good thing is falling in Buhari administration while every bad thing is rising, 2 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by Moh247: 6:05pm On Nov 24, 2022 |
Second Niger bridge Mabila dam Lagos - Ibadan standard guage rail |
Re: Excess Crude Account Falls By 89% To $472,513 by tuoyoojo(m): 6:05pm On Nov 24, 2022 |
A Peeeeee Ciiiiiiii Changi!!! From 4.1billion dollars ( how many trillion naira be that) To almost 400k Chaii If una like vote accordingly to religion and tribe Make I see where u go buy things cheaper because ur tribal person or someone with same religion with you is in power 3 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by dahenricrest: 6:05pm On Nov 24, 2022 |
Habaaaa. This is terrible. Get your PVC ready. We already know who to vote for. Obidiently without gragra. 1 Like 1 Share |
Re: Excess Crude Account Falls By 89% To $472,513 by BESTScientist1: 6:05pm On Nov 24, 2022 |
The timing of this naira remodeling is just too sweet |
Re: Excess Crude Account Falls By 89% To $472,513 by NotKnown: 6:05pm On Nov 24, 2022 |
They should just steal the money and leave the account to zero and then they should leave the government please. That has always been their aim. What did they use the money to do? We're tired. 3 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by Techm8: 6:06pm On Nov 24, 2022 |
Ok o |
Re: Excess Crude Account Falls By 89% To $472,513 by Eriokanmi: 6:06pm On Nov 24, 2022 |
alingo2013:Worse would be an understatement. He would collapse Nigeria completely. Or is he not campaigning under same party, comprising same set of people ? 2 Likes |
Re: Excess Crude Account Falls By 89% To $472,513 by tuoyoojo(m): 6:06pm On Nov 24, 2022 |
LagosInter: Just calm down, dollar wee go up 1 Like |
Re: Excess Crude Account Falls By 89% To $472,513 by Akwamkpuruamu: 6:10pm On Nov 24, 2022 |
Tinubu will continue from where Buhari stopped 1 Like |
Re: Excess Crude Account Falls By 89% To $472,513 by Didijiji: 6:11pm On Nov 24, 2022 |
ATIKU OR PETER OBI, I soooooooo pity una. The damage is phenomenal. Wetin una wan repair? APC HAS DAMAGED NIGERIA PATAPATA |
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