Nigeria’s Excess Crude Account rose 13 per cent in two years while the Stabilisation Account more than tripled, an analysis of presentations made by the Accountant-General of the Federation to the National Economic Council shows.
The review covers 15 NEC meetings between June 15, 2023, and October 23, 2025. The ECA slowly rose from $473,754.57 at the council’s inaugural meeting under President Bola Tinubu to $535,823.39 at the latest session, an increase of $62,068.82.
Over the same period, the Stabilisation Account climbed from N26.63bn to N87.67bn, a gain of N61.03bn and about 229 per cent. The Development of Natural Resources Fund grew from N96.90bn to N141.59bn, a 46 per cent increase.