
Ngozi Okonjo-Iweala’s Finance Ministry defends depletion of Excess Crude Account savings.
Minister of Finance, Dr. Ngozi Okonjo-Iweala The ministry of finance on Wednesday issued a statement to clarify recent media reports on the alleged mismanagement of Excess Crude Account savings, listing a long list of reasons why the savings is not more than the current figure. Ex-President Olusegun Obasanjo recently complained about the country’s low ECA savings, saying…