senate

Senate approves subsidy payment of N129 billion for oil marketers

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Senate has approved subsidy payment of N129 billion for oil marketers .

The decision of Senate was sequel to the report submitted by Senate Committee on Petroleum Downstream Chaired by Senator Kabiru Marafa.

According to the report, the payment will final subsidy the arrears claim by the oil marketers for about 67 oil marketing companies.

The Senate urged the federal government to pay the outstanding subsidy arrears in order to put an end to all issues concerning subsidy payment.

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