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Nigeria Squandered $201.2bn In 10 Years –NEITI - MegaIcon Magazine
In 10 years, Nigeria accumulated a total of $201.2bn in Excess Crude Account, which it squandered within the same period. The Nigeria Extractive Industries Transparency Initiative stated this in its Occasional Paper (Issue 2), which it just issued. The publication, which focused on ‘The case for a robust oil savings fund for Nigeria’, said despite …