NGF asks Okonjo-Iweala to account for N20billion

by Ranti Joseph

It seems he minister of finance and coordinating minister of the economy, Ngozi Okonjo-Iweala still has some query to address. The thirty- Six State Governors under the aegis of Nigeria Governors’s Forum (NGF) has asked Okonjo- Iweala as a matter of urgency to account for the money that were accruable to the Excess Crude Account which they put at over $ 20 billion.


Rising from a meeting in Abuja on Monday, the Governors asked Okonjo-Iweala to explain how much of the money entered the said account in three years from June 2013 to April 2015, adding that funds in the excess crude were last disbursed in May 2013.

“We are hereby reconciled and reunited as a single umbrella association of the 36 State Governors of Nigeria regardless of party or region

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“Forum Congratulates the President- elect, Muhammadu Buhari on his victory in the recent presidential election which was held on March 28, 2015 and President Goodluck Jonathan for his statesmanship in accepting the outcome of the elections.


“In light of the fact that Funds in the Excess Crude were disbursed in May 2013, there is need for the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo- Iweala to provide explanation for accruals to this account from June 2013 to April 2015 which is estimated at over $ 20 billion.” The Communiqué read.

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