Tag Archives: Senator Rose Oko

Senate wants Excess Crude Account abolished

The Senate has called for the abolition of Excess Crude Account (ECA),  urging the Executive to pay the amount above the oil benchmark into the Federation Account in compliance with the Constitution. The Red Chamber on Tuesday further requested the Executive to act in conformity with Sections 80 (1-4) and 162(1-3) of the 1999 Constitution (Amended) in its revenue receipt ...

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