The Nation’s excess crude account has increased by one point three billion dollars.
The increment followed last week’s Federation Account Allocation Committee Meeting, held in Abuja.
This brings an increase in the account to three point four billion dollars representing an increase of sixty-three point five percent.
A statement by Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala says the increment represents a renewed resolve to build the nation’s foreign reserve and improve savings.
