A
abujagirl
Guest
President Muhammadu Buhari's Chief of Staff Abba Kyari on Wednesday ordered immediate payment of the N150 billion to oil marketers.
Kyari gave the order after a meeting attended by Minister of Finance, Kemi Adeosun; the Minister of State for Aviation, Hadi Sirika; Group Managing Director of the Nigerian National Petroleum Corporation, Kachalla Maikanti; representatives of the Independent and Major Oil Marketers Associations as well as heads of the Petroleum Product Pricing Regulatory Agency and the Petroleum Pipelines and Products Marketing Company; DAILY TRUST reports.
“We looked into the issue of diesel and kerosene and as a matter of fact government is tackling the issues. The other issue is the issue of franchise which is the petroleum equalisation fund which marketers are owed to the tune of about 150 billion and now the issue has been resolved. The government has directed that our monies must be paid and I'm assuring you that with the payment of this money, there is no cause for alarm.
"We're assuring our marketers that they should go back to their normal business as their outstanding will be paid in some few days,” he said.
Kyari gave the order after a meeting attended by Minister of Finance, Kemi Adeosun; the Minister of State for Aviation, Hadi Sirika; Group Managing Director of the Nigerian National Petroleum Corporation, Kachalla Maikanti; representatives of the Independent and Major Oil Marketers Associations as well as heads of the Petroleum Product Pricing Regulatory Agency and the Petroleum Pipelines and Products Marketing Company; DAILY TRUST reports.
“We looked into the issue of diesel and kerosene and as a matter of fact government is tackling the issues. The other issue is the issue of franchise which is the petroleum equalisation fund which marketers are owed to the tune of about 150 billion and now the issue has been resolved. The government has directed that our monies must be paid and I'm assuring you that with the payment of this money, there is no cause for alarm.
"We're assuring our marketers that they should go back to their normal business as their outstanding will be paid in some few days,” he said.