The Federal Ministry of Finance says it has so far released the sum of N48, 085,299,281.50 billion as payment to 26 oil marketers to cover verified subsidy claims.
According to a statement signed by Special Adviser to the Coordinating Minister for the Economy, Mr. Paul Nwabuikwu, with the released funds, monies so far paid to oil marketers in 2013 is N240,587,579,248.
It will be recalled that before this latest payment, a total of N192,
502,279,966.50 billion in verified claims had been settled this year.
“This means that, so far in 2013, total payments made to oil marketers stand at N240, 587,579,248.00,” the statement said.
The 26 Oil marketing companies paid include Aiteo Energy Resources Limited, Ascon Oil Company Limited, Conoil Plc, Dee Jones Petroleum & Gas Limited, Dozzy Oil And Gas Limited, Forte Oil Plc, Fresh Synergy Limited, Gulf Treasures Limited and Integrated Oil and Gas Limited.
Others include IPMAN Investment Limited, Masters Energy Oil and Gas Limited, Mobil Oil Nigeria Plc, NIPCO Plc, Oando Plc, Rainoil Limited, Sahara Energy Resources Limited, Swift Oil Limited, Techno Oil Limited and Total Nigeria Plc.
And others are Bovas & Company, Heyden Petroleum, MRS Oil Nigeria Plc, Rahamaniyya Oil And Gas Limited, Obat Oil
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