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Tuesday, 5 May 2015

FUEL SCARCITY:Govt Resolved Fuel Subsidy Debt with Oil Marketers

FUEL SCARCITY: Govt Resolved Fuel Subsidy Debt with Oil Marketers -  Read What MOMAN Has To Say

The Federal Government on Monday met with the Major Oil Marketers Association of Nigeria (MOMAN) with the assurance of bringing an end to the current fuel scarcity.


The meeting, presided over by the Minister of Finance, Dr. Ngozi Omonjo-Iweala, was held at the headquarters of the Ministry of Finance in Abuja.

It was resolved at the meeting, which was attended by representatives of MOMAN and some senior officials in the Finance ministry, that the outstanding subsidy claims would be paid even after a new government must have taken over power.

She said with the understanding reached with the marketers, all the outstanding debts would be paid based on the claims processed by the Petroleum Products Pricing Regulatory Agency.

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