$1.5bn underpayments: FG set to prosecute shady oil marketers

Federal Government has expressed its readiness to recover N232 billion ($1.5 billion) over-payments made to fraudulent oil marketers. Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, disclosed this at the just-concluded National Council of Finance and Economic Development (NACOFED) in Minna, Niger State capital. The official noted that in 2006, the total […]

$1.5bn underpayments: FG set to prosecute shady oil marketers

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