Connect with us


“But Pa Buhari Said The Treasury Was Empty” Top Tweets In Reaction To Liquidation Of The Excess Crude Account



Estimated Reading Time: <1

After days of insisting that there would be no bailout for states and local government councils in the country, President Muhammadu Buhari, may have finally yielded to pressure, shifting grounds on the matter.

The Federal Government, on Monday agreed to share about $1.7 billion (N391 billion) left in the controversial Excess Crude Account, a move that would ensure that states and local councils pay salaries and meet other obligations.

State governors had last week at the National Economic Council (NEC) meeting demanded the sharing of the funds in the account, which they had then put at $2 billion.

And of course Nigerians reacted to the decision by President Buhari in the tweets as seen below…..

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Wordpress Social Share Plugin powered by Ultimatelysocial

Enjoy this blog? Please spread the word :)

Follow by Email