Collapse ECA, stabilization account into SWF, Group charges FG

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By Prince Okafor

A Civil Society Organisation, CSO, has called on the Federal Government to collapse the Excess Crude Account, ECA, and 0.5 percent stabilization account into the stabilization account of the Sovereign Wealth Fund, SWF.

Mr David Samuel, consultant, Kandyson Konsult, Mr Amara Nwankpa Director, public policy initiative,Shehu Musa Yar’Adua Foundation , Mr Andrew Onyeanakwe, Consultant, Kandyson Konsult, Mr. Bode Longe, Consultant, BL&C Limited during the round table 

The group also called for submission of proposals to assist its advocacy programs targeted at ensuring establishment of effective stabilization mechanisms and encourage fiscal responsibility in Nigeria.

The CSO – Oil Revenue Tracking Initiative of the Yar’Adua Foundation – gathered CSOs, community groups and newsmen in South West region to provide information regarding the need for effective…



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