FG to pay Marketers N156bn on Thursday, April 30




This information is disclosed by the Minister of Finance Ngozi Okonjo-Iweala today Wednesday, due to the threat by the Major Marketers Association of Nigeria MOMAN to stop importation of fuel due to owed debt of N256.2bn

“On the issue of oil marketers, we have really been working with them and we have been dialoguing with them all along. We’ve paid N350bn in December, we paid them N31bn in foreign exchange differentials and by tomorrow (Thursday) we will be paying them N100bn for which we had earlier given them IOUS for as well as their interest rate differential of N56bn

So, I am about to go and sign to get that paid and think that Nigerians can see that the government is making maximum effort to accommodate the oil marketers. They are also Nigerians, and they need to also cooperate with us”

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