Monday, December 6, 2021

Senate approves payment of N129bn subsidy claims to petroleum marketers

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Rayyan Alhassan
Rayyan Alhassan is a graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via [email protected], or, or @Rayyan88 on Twitter.
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The Senate on Thursday approved the payment of N129bn as outstanding subsidy claims to 67 petroleum marketers.

The approval followed the adoption of the report of its Committee on Petroleum Downstream on the Promissory Note Programme and a Bond Issuance for Oil Marketers Outstanding Claims.

READ ALSO: 14 Kano sponsored medical students stranded in India as Ganduje refuses to pay N22m

Meanwhile, Chairman, Senate Committee on Petroleum Downstream, Kabir Marafa, disclosed that Nigerian govt had spent over N11trn as payment for outstanding subsidy claims in the last six years

The Senate has adjourned till June 6 for its valedictory session.

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