Govt’s indebtedness to oil marketers now N470bn

04 November 2015, Lagos – The Federal Government’s outstanding indebtedness to oil marketers has risen to N470 billion, arising from a backlog of unpaid subsidy claims since August 1, 2014 till date. This is even as the marketers say they require in excess of $2 billion dollars to pay off their foreign suppliers, otherwise they will […] More »