Fuel: FG Has No Plan To Remove Subsidy – Minister
Fuel: FG Has No Plan To Remove Subsidy – Minister

Chairman, Senate Committee on Petroleum Downstream, Kabir Marafa, disclosed on Thursday that Nigeria spent over 11 trillion naira as payment for outstanding subsidy claims in the last six years,

Meanwhile, the Senate has approved the payment of 129 billion naira as outstanding subsidy claims to 67 petroleum marketers.

The approval followed the adoption of the report of its Committee on Petroleum Downstream on the Promissory Note Programme and a Bond Issuance for Oil Marketers Outstanding Claims.

The Senate has adjourned till June 6 for its valedictory session.