Sentences with phrase «government by some marketers»

He said that the zone's investigation into the complaints yielded a refund of N54, 393,106,143.00 to the Federal Government by some marketers.

Not exact matches

Late December, the PPPRA had on behalf of the Federal Government announced that effective January 1, 2016, Premium Motor Spirit, otherwise known as petrol, would be sold at N86 per litre by the Nigerian National Petroleum Corporation (NNPC) retail stations, while other oil marketers would sell at N86.50 per litre.

With the government removing fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially as oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-year.

Oil marketers has declared that readiness to support measures set into motion by the Federal Government to end the fuel scarcity menace and as such restore sanity by adequately supplying and distributing the products in a matter of days.

But in statement signed on Tuesday by the State's Commissioner for Information and Strategy, Mr. Steve Ayorinde, the government recalled that the said transaction took place between an independent marketer and the Lagos State Public Works Corporation (LSPWC) before this present government assumed office.