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Bridging: Oil Marketers Get N303bn In 5 Years

Bridging: Oil Marketers Get N303bn In 5 Years   Oil marketers received N303.4bn as bridging claims for the distribution of petrol across the country under the Petroleum Equalisation Fund in five years. According to the PEF Management Board, the bridging scheme was introduced as a temporary measure...

In 5 Years, FG Paid N303.4bn Bridging Claims To Oil Marketers

In 5 Years, FG Paid N303.4bn Bridging Claims To Oil Marketers   The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the federal government paid out a total of N303.4 billion to petrol marketers in five years – between 2012 and 2016, as financial claims...