From ISAAC ANUMIHE, Abuja
Coordinating Minister and Minister of Finance the Finance, Dr Ngozi Okonjo-Iweala, yesterday said the Federal Government has released the N161.6 billion supplementary budget for subsidy payments, which was approved by the National Assembly to the Central Bank of Nigeria (CBN) since December 31, last year.
In a statement,Special Adviser to the Coordinating Minister for the Economy and Minister of Finance, Mr Paul Nwabuikwu, said that the payments are presently going through the CBN’s processes which include the conversion of the dollar equivalent from the Excess Crude Account and will be concluded soon.
The Minister confirmed that payments totalling N94 billion have been verified for 23 marketers who will be paid in the next few days. “We are committed to paying all companies who deserve to get subsidy payments just as we will not pay undeserving firms.
That is the mandate we have from the President,” Dr Okonjo-Iweala declared. Okonjo-Iweala, however, refuted media reports which alleged that the Federal Ministry of Finance is blocking verified payments to marketers.




Earn Instant $4.83 In your Liberty reserve Thru Currency Exchange
Exchange earnings
Break into your Financial Freedom do not pay any one to teach about online business
i have paid heavily to so many brokers and Forex marketers but got nothing and i am
unveiling this here for free do not pay any one to get this, start making you own earnings
online its free, All you need do, is just to get your calculator and follow me carefully
as i outline the (steps) below.
thelibertycashstreams-workfromhome(.)hpage(.)co(.)in
A Good branded Name Affordable Tablet PC Device,3G World Phone & Computer Video Calling,Use Navigation to find address locations Free Calling – make voice calls for
free with SKYPE Create and view word, excel, power point and PDF files, Works with every GSM NETWORK WORLDWIDE. Zero.eight,zero,nine-eight-nine-nine-six-nine-zero-three.
WHAT IS PRESIDENT GEJ WAITING FOR, HE SHOULD REMOVE THE PETROLEUM SUBSIDY WHICH THEY ARE USING IN DISGUISE TO EMBEZZLE PUBLIC FUNDS.
adeyemi sandra ! stop using comment space for your selfish advertisement, this space is not for advert, “TAKE NOTE”.
Nigeria has never seen such a great and efficient Minister of Finance. Her approach is very excellent! Kudos.
God bless Okonjo, every plan againt her will not stand. D lord will prosper u & ur family. Pls keep it up.