IMF Expresses Concern Over Nigeria’s Ability to Pay Back Rising Debt
The International Monetary Fund, has expressed worry over Nigeria’s ability to repay its foreign debt which had continued to rise. Though it said conditions were favourable for the country to…
FG to Pay Oil Marketers N236bn Part Subsidy Claims by Dec. 14, to Receive Last Claims in 2020 — FG
The Federal government has said it would pay oil marketers N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on Friday Dec. 14….
N800bn Subsidy Debts: Pay Your Outstanding Debts or We Cease Operations – Oil Marketers Urge FG
Oil marketers have given the Federal Government seven-days ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major…
N800bn Subsidy Debts: Oil Marketers Seek Quick Settlement
Oil marketers on Sunday appealed to the Federal Government to effect quick payment of its outstanding N800 billion subsidy debts. The marketers, under the aegis of Major Oil…
$3.5bn Subsidy Fund: Senate Gives NNPC Two Weeks to Submit Documents for Exoneration
GMD, NNPC, Maikanti Baru Following the recent allegation that a 3.5 billion-dollar fund was allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy,…