FG pays oil marketers N407bn to end fuel scarcity

The Federal Government has paid N407, 076,805,386.30 subsidy claims to oil marketers to end the lingering fuel crisis.
A statement from the federal ministry of finance signed by Mr. Marshall Gundu, Director, Press of the ministry said the Minister of finance Mrs. Kemi Adeosun has confirmed the payment to the oil marketers.
Adeosun noted that President Muhammadu Buhari had directed that the payments should be “made immediately in order to bring to a quick end the lingering fuel crisis which has caused great suffering to Nigerian families and businesses.”
The minister of finance also said that “despite dwindling revenues, the government is committed to ensuring continuous availability of fuel to Nigerians.”
Wednesday’s payments to oil marketers she said “include arrears from the 2014 financial year as well as payments for the current year.”READ MORE
http://thenationonlineng.net/fg-pays-oil-marketers-n407bn-to-end-fuel-scarcity/

Better

K

I tot Bubu said, dere is nothing like subsidy before

Wait for the next brand next week. You will see the mother of all scarcities.

I hope we can now put this fuel scarcity behind us, thank God this was done before Christmas. And I also hope this payment of subsidies will now be reconsidered since removing it now wouldn't really affect the cost of petroleum products.

knostbrown01:
I tot Bubu said, dere is nothing like subsidy before

Sorry bros. Na so person de think if malaria don enter brain.

obailala:
I hope we can now put this fuel scarcity behind us, thank God this was done before Christmas. And I also hope this payment of subsidies will now be reconsidered since removing it now wouldn't really affect the cost of petroleum products.

Hmmmmmm

The subsidy conundrum is really a maze of confusion.

Wednesday’s payments to oil marketers she said “include arrears from the 2014 financial year as well as payments for the current year



So, in another three weeks or so we'll experience another round of scarcity?? Right??

THEY SAID SUBSIDY IS A SCAM, WHY PAYING FOR IT?
DAVID WEST HAS GONE SILENT...

Na small small dem de take catch Fowl... Buhari is gradually understanding what subsidy is.
This Marketers are very cunning and wicked.

When the subsidy is finally removed, we will see what the marketers will lie on.

Please does anyone know where I can get the full 2006 census data for free?

I need it for a project urgently, thanks in advance.

knostbrown01:
I tot Bubu said, dere is nothing like subsidy before

Stop thinking with your anus bro

Brugge:
Please does anyone know where I can get the full 2006 census data for free?

I need it for a project urgently, thanks in advance.

www.qtsnigeria.com/
Das it bro, wish u best of luck!!!

Gej wakapass president went about doling out dollars instead of settling the subsidy payments. With all outstanding settled, Oil marketers should get ready for subsidy probe.
No lie only truth!

Aromas:

www.qtsnigeria.com/
Das it bro, wish u best of luck!!!

Thanks but can't find the data

knostbrown01:
I tot Bubu said, dere is nothing like subsidy before

The bulk of payment included arrears amassed by GEJ since 2014.

Putting this in the right perspective, it's simply yet another case of Buhari cleaning up GEJ mess after salary debt crisis.

Honestly, if it's taking a Buhari, who sold oil at $40p/b to offset a debt acrued by a GEJ, who sold the same oil at over $100(for over 4years); it's really a shame on GEJ

irondome:


The bulk of payment included arrears amassed by GEJ since 2014.

Putting this in the right perspective, it's simply yet another case of Buhari cleaning up GEJ mess after salary debt crisis.

Honestly, if it's taking a Buhari, who sold oil at $40p/b to offset a debt acrued by a GEJ, who sold the same oil at over $100(for over 4years); it's really a shame on GEJ

. This Bubu apshit will not stop deceiving Nigerians. Anyway, they are deceiving those that willing chose to be deceived. GEJ removed subsidy 2012 Jan 1st, you guys, brainwashed lots, anti-Jonathan mobs were mobilized to Ojota for 12days, eating and dancing being entertained by your slavemasters. Today the fuel subsidy has come to hunt them and they are blaming GEJ again. Now I ask, if this one is arrears of GEJ's debt what about 297 billion that was paid before? When will Buhari's regime start paying their own debts. Some Nigerians are so gullible and easy-to-be-deceived. They will keep blaming GEJ till the end of their tenure with nothing to show.

keally:
. This Bubu apshit will not stop deceiving Nigerians. Anyway, they are deceiving those that willing chose to be deceived. GEJ removed subsidy 2012 Jan 1st, you guys, brainwashed lots, anti-Jonathan mobs were mobilized to Ojota for 12days, eating and dancing being entertained by your slavemasters. Today the fuel subsidy has come to hunt them and they are blaming GEJ again. Now I ask, if this one is arrears of GEJ's debt what about 297 billion that was paid before? When will Buhari's regime start paying their own debts. Some Nigerians are so gullible and easy-to-be-deceived. They will keep blaming GEJ till the end of their tenure with nothing to show.

I don't how your post addresses some of the points I raised.

Did the states government acrue several months of salary in debt at the tail end of GEJ tenure? YES

Did Buhari come to the rescue of the states? YES. GEJ was too pre-occupied with his re-election to be bothered.

Did GEJ leave a huge pile of outstanding subsidy payment unsettled until handover. YES

Did the FG pay the outstanding debt on subsidy dated back to 2014 financial year? YES

Did crude oil sell for >$100p/b for the greater part of GEJ's tenure? YES

Is oil selling for about $40p/b now? YES

If the so call dullard could pull up these rescues in spite of the falling revenue; I would be happy to have the bubu govern for another 7years.