Nigeria withdraws $2 bln from oil savings: finance

ABUJA (Reuters) - Nigeria has withdrawn $2 billion from its crude oil savings for 'various projects' and distributed more money in October to the three tiers of government than the previous month, the minister of state for finance said on Monday. Yerima Ngama told reporters that 615.76 billion naira was distributed from federal accounts to the three tiers of government for October, up from 611.5 ...
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Added November 29, 2011
from Yahoo Nigerian News