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- Finance Ministry Pays N48bn To Oil Marketers
Tuesday, 16 July 2013
Federal Ministry of Finance released the sum of N48,085,299,281.50 billion as payments to 19 oil marketers to cover verified subsidy claims.
It will be recalled that before this latest payment, a total of N192,502,279,966.50 billion in verified claims had been settled this year.
This means that, so far in 2013, total payments made to oil marketers stand at N240,587,579,248.00.
A statement from the Special Adviser to the Coordinating Minister for the Economy and Minister of Finance, Mr. Paul C Nwabuikwu disclosed this yesterday in Abuja.