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Entrenching Fiscal Discipline with New ECA Guidelines - THISDAYLIVE
In the past few years, savings into and withdrawals from the Excess Crude Account (ECA) have been contentious. The Federation Account Allocation Committee (FAAC) is considering fresh guidelines for revenue inflows and withdrawals from the account. Ndubuisi Francis reports The Excess Crude Account was established in 2004 during the regime of former President Olusegun Obasanjo, with the …