The Federal
Government in Abuja , yesterday agree to pay oil marketers N156 billion , out
of the outstanding N256 billion owe oil marketers.
The fuel scarcity issue got worse
yesterday in different states of the country when most petrol stations were out
of stock especially, in Abuja were a litre of fuel is being sold for N160. Also, The black marketers took advantage
of the fuel scarcity while selling at N200 per litre.
Minister of Finance, Mrs Ngozi
Okonjo Iweala in Abuja yesterday said “ We have been engaging oil marketers
over the scarcity issue. We paid them N350 billion and N31 billion in the foreign exchange differential in
December.
“Tomorrow, we will be paying them
N100 billion for which we had earlier given them IOUs, and interest rate
differentials.
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