Thursday 9 July 2015

FG TO PAY N159BN SUBSIDY DEBT TO MARKETERS

FG to pay N159bn subsidy debt to marketersThe Federal Government has reportedly agreed to pay outstanding subsidy claims of N159bn to oil marketers, who import refined petroleum products into the country although some of the marketers say the debt has climbed to N300bn.
 
“They (government) agreed to pay the remaining balance last week. Nothing has come yet but maybe this or next week. It is N159bn” the spokesperson for the Independent Petroleum Marketers Association of Nigeria, Yakubu Suleiman.
 

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