NEC Calls For Seperation Of Excess Crude Accounts, Stop Incessant Conflicts

Channels Television  
Updated March 27, 2014

Godswill AkpabioThe National Economic Council has called for the separation of the excess crude accounts from the Sure-P account for easy accountability. This was one of the decisions taken at the first meeting of the council in the New Year in the presidential villa.

Briefing state house correspondents after the meeting, Akwa Ibom state governor Godswill Akpabio said that council was worried at the litigation following the excess crude accounts that action be expedited to enable the account to be put into proper use.

The decision of council follows a briefing by the Minister of Finance and the coordinating Minister for the Economy, Ngozi Okonjo Iweala stating that the excess crude account now stands at 3.5 billion dollars after the removal of the Sure-P money.

Also the council set up a ten man committee to fast track recommendations on the management of the incessant conflicts between crop farmers and herdsmen across the country.

The governor of Benue state has been drafted into the committee which also comprises the Minister of Agriculture, Environment, Science and Technology, Interior, Water Resources and National Planning.

Other members include the National Security Adviser, Director General, National Orientation Agency and representatives of each state of the federation

NEC identified that 17 states have so far been affected by the conflict and expressed worry that the conflict is spreading like wild fire.