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FG approves N413 billion subsidy payment to fuel marketers

The Federal Government has approved the payment of N413 billion ($2.1 billion) to oil marketers as outstanding payment for fuel subsidy claims, the NNPC has disclosed.‎
The Federal Government of Nigeria has not made payment to oil marketers since July, 2015, it was learnt.‎

Buhari(1)

Buhari

According to the management of  NNPC, it is hoped the payment would help to ensure the country “remains wet with petroleum products all year round”.‎

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