BREAKING NEWS! Federal Government Approves Subsidy Payment Of $2.1 Billion

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Nigerian National Petroleum Corporation (NNPC) has said that the Federal Government has approved the payment of 413 billion naira ($2.1 billion) to oil marketers as outstanding payment for fuel subsidy claims.

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The Federal Government of Nigeria has not made payment to oil marketers July, 2015.  The management of  NNPC said it hoped the payment would help to ensure the country “remains wet with petroleum products all year round”.

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Source: BreakingTimes

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