Oil revenue stabilisation account
Excess Crude Account
Predecessor stabilisation account to the NSIA, holding excess oil revenues above the budget benchmark; balance has been substantially drawn down over the years.
Type
Oil revenue stabilisation account
Funding
Commodity (oil & gas)
Established
2004
Assets
USD <1 billion (CBN disclosures) (approximate)
Based in
Abuja, Nigeria
Region
Africa
Investment focus
Foreign reserves
Style
Stabilisation
Public profile
Low
Sources
Focus, sectors and style are compiled from public sources and industry listings, not confirmed with the fund.
Visit cbn.gov.ngOpens the fund’s own site in a new tab.
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