Cyril Agbele,
Accountant General of Delta State has advised that the three tiers of
government should be fully involved in the utilisation of the proposed
Sovereign Wealth Fund (SWF).
When established by law, the SWF would over-ride the Excess Crude
Account into which the Federal Government currently deposits excess
crude oil revenue and shares with other tiers of government as a
back-up to their regular monthly revenue allocation.
