Tag Archives: Funds

Energy resource permanent funds vary by purpose and state

April 30, 2015 Source: State Treasurer’s Office reports for each state as of December 31, 2014 Note: * West Virginia’s fund is too new to show a measurable balance. Taxation of coal, crude oil, and natural gas production presents opportunities for states to collect revenue as nonrenewable resources are produced. Natural resource permanent funds are […]

Nigeria: Govt Accused of Suppressing Probe on Missing Oil Funds

By Onyebuchi Ezigbo in Abuja The All Progressives Congress (APC) has alleged that the PDP-led Federal Government is trying to suppress the audit report on the $ 20 billion oil money. The party said the deadline for the release of the report, which was set by the government itself, has come and gone but without […]

Ghana: Mahama Orders Release of Fuel Funds

Accra — GHANA’S President, John Dramani Mahama, has directed the Finance Minister, Seth Tekper, to release $ 60 million to the Bulk Oil Distribution Companies (BDCs) to ensure sufficient fuel supplies. This comes amid the BDCs reportedly withholding supplies resulting in shortages in some cities across the country, including Accra, Tema, Cape Coast and Kumasi. […]

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