June 28, 2017

FG PAYS $45BN TO OIL MARKETERS

FG PAYS $45BN TO OIL MARKETERS

The federal government says it is currently making payments totaling N45 billion to oil marketers for fuel imported.

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According to a statement signed by Paul Nwabuikwu, special adviser to Ngozi Okonjo Iweala minister of finance, only marketers whose claims have been cleared after they have gone through the verification processes are paid.

 

“This is to ensure that the unpleasant experiences of the recent past with regard to wrong and irregular payments are not repeated,” said Nwabuikwu. “The office of the Accountant-General of the Federation (OAGF) has also confirmed that some marketers who have submitted letters of indemnity to it have already been paid.”

 

Read more here.

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