Nigeria's Acting President Goodluck Jonathan has approved the disbursal of $2 billion from windfall oil savings to the country's 36 states and government agencies, Minister of State for Finance Remi Babalola said on Friday.

"I have just gotten an approval this morning from the acting president for the sharing of $2 billion from the excess crude account," Reuters quoted Mr. Babalola saying after a meeting of the Federal Allocation Committee in the capital Abuja.




E-mail me when people leave their comments –

You need to be a member of 9jabook Africa's Ist Social Network to add comments!

Join 9jabook Africa's Ist Social Network

Blog Topics by Tags

  • in (506)
  • to (479)
  • of (339)
  • ! (213)
  • as (166)
  • is (157)
  • a (156)

Monthly Archives