Wednesday, December 31, 2014

FG pays N166bn outstanding subsidy claims, approves 2015 Q1 fuel importation

Diezani Allison-Madueke

The Minister of Petroleum Resources, Diezani-Alison Madueke, has approved the release of First Quarter 2015 allocation to marketers for the importation of petroleum products into the country.

A statement by the Petroleum Products Pricing Regulatory Agency said the early release was in furtherance of Alison-Madueke’s resolve at ensuring continuous and robust products supply in the system.

The statement said it was also aimed at sustaining the serenity in the downstream industry.

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