The sum of N287 billion in verified claims have been paid to oil marketers this year, Minister of Finance and Coordinating Minister for the Economy,Dr Ngozi Okonjo-Iweala has said in a statement.
The Federal Government according to the Minister of Finance and
Coordinating Minister for the Economy is ready to make additional payments to marketers after due verification.
Dr.Okonjo-Iweala in a statement signed by her spokesman, Mr. Paul Nwabuikwu in a response to enquiry by an Online medium (Saharareporters) said all measures have been put in place to check fraud.
“The Federal Ministry of Finance has thus far this year paid N287 billion in verified claims to marketers. The details have been published in our regular updates in the newspapers and magazines.
“We are getting ready to make additional payments to marketers. Marketers are also making claims for interest and foreign exchange differentials as provided for in the PPPRA template, which have not been paid, and we are verifying those as well, she said.