The oil marketers have agreed to make petroleum products available in the country in the next six hours. The National Union of Road Transport Workers (NURTW) have also agreed to begin lifting petroleum products also in the next six hours.
Capital Oil is defying the directive by other fuel marketers insisting that they will not lift petroleum products except the federal government pays them the money they are owed. The independent oil marketing company is pushing out 15 million litres to ease the situation across the country.
The minister spoke at a send-off ceremony organised for her and the minister of state for finance. The post Okonjo-Iweala urges staff to support incoming administration appeared first on Premium Times Nigeria.
The Minister reacted angrily to a new demand by governors to account for $20 billion excess crude revenue. The post Okonjo-Iweala, govs trade words over alleged $20 bn oil money appeared first on Premium Times Nigeria.
There is a disagreement between the federal government and petrol marketers about exactly how much subsidy debt is owed. Punch reports that Minister of Finance, Ngozi Okonjo-Iweala says the government owes marketers N131 billion, however; the marketers insist that they are still being owed N200bn after last week’s payment of
Onaolapo Soleye, a former minister of finance under the military administration of Muhammadu Buhari, has called on Nigerians to brace up for a season of discipline and austerity during the second coming of General Buhari. Dr Soleye has expressed his opinion about the current financial situation in the country in
Nigeria’s Minister of Finance, Ngozi Okonjo-Iweala has today denied appointing world renowned audit firm, PriceWaterHouse Coopers to audit the Nigerian National Petroleum Corporation (NNPC) over the alleged missing $20 billion oil money.
The current crisis has been blamed on the National Association of Road Transport Owners. The post Fuel crisis may linger despite government’s pledge to pay marketers appeared first on Premium Times Nigeria.
The minister says the search for the girls would continue notwithstanding the change in government. The post Nigerian govt still committed to rescuing Chibok girls – Okonjo-Iweala appeared first on Premium Times Nigeria.
The federal government will be taking a loan of $2 billion loan from the World Bank and the African Development Bank (AfDB) to assist in the implementation of its policies and programmes for the year. This was made known by the Coordinating Minister for the economy and Minister of Finance,
A National Daily has confirmed that its investigations into the National assembly reveal that the country’s legislative arm is broke. The situation is so dire that payment of monthly salaries to lawmakers, their aides and members of staff, are not being met and the management is worried.