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LequteMan
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Nigeria's Finance Minister, Kemi Adeosun, has directed that $2.1bn be paid as subsidy to oil marketers in the country, Leadership says.
Adeosun approved the payment of N407 billion for “subsidy claims to oil marketers”, said Marshall Gundu, a spokesman for her ministry.
“The president has directed that payments be made immediately in order to bring to a quick end the lingering fuel crisis,” said Gundu.
Fears of a fuel scarcity prompted Nigerians to resort to panic-buying in the last few weeks, forming long queues at petrol stations in major cities.
Adeosun approved the payment of N407 billion for “subsidy claims to oil marketers”, said Marshall Gundu, a spokesman for her ministry.
“The president has directed that payments be made immediately in order to bring to a quick end the lingering fuel crisis,” said Gundu.
Fears of a fuel scarcity prompted Nigerians to resort to panic-buying in the last few weeks, forming long queues at petrol stations in major cities.
