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Nairaland Forum / Nairaland / General / Business / FG Pays Oil Marketers N407bn To End Fuel (387 Views)
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FG Pays Oil Marketers N407bn To End Fuel by Anasko(m): 7:03pm On Dec 09, 2015 |
The Federal Government has paid N407,
076,805,386.30 subsidy claims to oil marketers to
end the lingering fuel crisis.
A statement from the federal ministry of finance
signed by Mr. Marshall Gundu, Director, Press of
the ministry said the Minister of finance Mrs.
Kemi Adeosun has confirmed the payment to the
oil marketers.
Adeosun noted that President Muhammadu Buhari
had directed that the payments should be “made
immediately in order to bring to a quick end the
lingering fuel crisis which has caused great
suffering to Nigerian families and businesses.”
The minister of finance also said that “despite
dwindling revenues, the government is committed
to ensuring continuous availability of fuel to
Nigerians.”
Wednesday’s payments to oil marketers she said
“include arrears from the 2014 financial year as
well as payments for the current year.”
With this payment, the federal government she
said expects the recipients to “ensure adequate
supply of fuel to end the persistent fuel shortage
in the nation.”
By making this payment to oil marketers, the
federal government said it has shown its full
commitment “to meeting its financial obligations
in respect of fuel subsidy.”
The Minister further implored the major oil
marketers to reciprocate government’s action by
doing all they can to bring the fuel scarcity to an
end.
The statement said details of the approved
payments under the subsidy scheme will be
published in the national dailies as has been the
practice. http://thenationonlineng.net/fg-pays-oil-marketers-n407bn-to-end-fuel-scarcity/ |
Re: FG Pays Oil Marketers N407bn To End Fuel by dav8id(m): 7:21pm On Dec 09, 2015 |
i pray something good should come out from this payment |
Re: FG Pays Oil Marketers N407bn To End Fuel by Nobody: 7:36pm On Dec 09, 2015 |
Ok |
Re: FG Pays Oil Marketers N407bn To End Fuel by chally02(m): 8:11pm On Dec 09, 2015 |
The way this country is going, i begin to wonder the way we would develop, this abt $2 billion dollars, isn't this kind of money enough to fix all our refineries or even build a new one.? Na wa for naija mata oooo |
Re: FG Pays Oil Marketers N407bn To End Fuel by dmostcheerful(f): 9:02pm On Dec 09, 2015 |
end time payment..... wasting resources that Nigeria barely have now, how about renovating the old refineries.... end time government...... |
Re: FG Pays Oil Marketers N407bn To End Fuel by 1money: 10:05pm On Dec 09, 2015 |
This kind changi, na wa o. Meanwhile, get your slap watches for your kids this xmas check my signature |
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