The House of Representatives has again queried the N24bn which the Nigerian National Petroleum Corporation claim it incurs monthly on payment of subsidy on imported Premium Motor Spirit popularly known as petrol. The lower chamber described the expenditure as “an act of illegality” as the funds are allegedly paid without appropriation by the National Assembly. The landing cost of a ...
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Another crisis looms as DAPMAN issues FG 14-day warning to pay N650bn debt
The Depot and Petroleum Products Marketers Association of Nigeria (DAPMAN) has issued a 14-day ultimatum to the Federal Government to settle a N650 billion debt owed its members.
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