President Goodluck
Jonathan has approved the distribution of $1billion from the Excess Crude
Account among the 36 States and the Federal Capital Territory (FCT) to enable
them execute crucial projects in their respective domains.
The Chairman
Governor’s Forum Rotimi Amaechi, told State House correspondents at the end of
the 45th National Economic Council (NEC) meeting yesterday that the approval
was announced by the Minister of State for Finance, Dr. Yerima Ngama.
Jonathan has approved the distribution of $1billion from the Excess Crude
Account among the 36 States and the Federal Capital Territory (FCT) to enable
them execute crucial projects in their respective domains.
The Chairman
Governor’s Forum Rotimi Amaechi, told State House correspondents at the end of
the 45th National Economic Council (NEC) meeting yesterday that the approval
was announced by the Minister of State for Finance, Dr. Yerima Ngama.
The Nigeria
Governors’ Forum, NGF, had said it will seek a final constitutional interpretation of all matters
relating to the Excess Crude Account controversy between the federal and state
governments.
The forum’s
Chairman and Governor of Rivers State, Rotimi Amaechi, said on Tuesday in Abuja
that the body would seek “a final resolution from the Supreme Court” on all
matters relating to the controversy.
Mr. Amaechi said
this was because the NGF had been dissatisfied with the “present attitude of
the Federal Government on the Excess Crude Account’’.
Source: People’s
Daily
Daily
