Petroleum Marketers to get outstanding N185bn

 

 The Federal government  says it has issued a sovereign debt note to Petroleum marketers for the payment of an outstanding 185 billion Naira.

The Minister of Finance and coordinating Minister of the economy, Dr Ngozi Okonjo-Iweala, announced this at a joint press briefing with the CBN, NNPC, DMO and Petroleum marketers in Abuja.

Dr. Okonjo-Iweala  said the petroleum marketers  in December 2014 were paid a total of 320 Billion Naira, adding that as part of the agreement, the government would not only pay the costs that the marketers had incurred, but also the interests payment and foreign exchange differentials.

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