Nigeria’s excess crude account stood at $2.317 billion as of Jan. 15, a state governor said on Thursday.
The figure was given by the finance minister during a meeting of Nigeria’s national economic council, according to Abdullahi Umar Ganduje, the governor of Kano state, who briefed reporters after the meeting, according to Reuters.
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Last month, Nigerian state governors approved the release of $1 billion from the account to the government to fight the Boko Haram Islamist insurgency in the northeast.
In September, the crude account held $2.310 billion.
