The Federal Government on Monday moved to avert a nationwide - TopicsExpress

The Federal Government on Monday moved to avert a nationwide petrol scarcity as it released fresh N48bn to oil marketers. The payment was confirmed through a statement issued by the Special Adviser on Communications to the Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday night in Abuja The fresh N48bn, which was paid to 26 oil marketers, brings the total amount so far released for subsidy payment by the ministry in the 2013 fiscal period to N240.5bn The beneficiaries are AITEO Energy Resources Limited, Ascon Oil Company Limited, Conoil Plc, Dee Jones Petroleum and Gas, Dozzy Oil and Gas Limited and Forte Oil Plc.

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