The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed has disclosed that the nation’s Excess Crude Account (ECA) balance as at 16th March, 2021 stood at $72,412,384.88.

The Minister disclosed this at the National Economic Council (NEC) meeting on Thursday.

She added that the Stabilization Account balance stood at N24, 994, 821,242.14 while the Natural Resources Development Fund stood at N90, 744,488,087.88.

NEC also received a memorandum for consideration and endorsement of the National Monitoring and Evaluation (M&E) Policy from the minister.

She noted that the purpose of the memo was to seek the consideration and endorsement of the NEC for the approval of the National Monitoring and Evaluation (M&E) Policy under the supervision of the Minister of Finance, Budget and National Planning.