SENATE CONFIRMS 11TRILLION NAIRA OIL SUBSIDY PAYMENT

Opposes move to downgrade Enugu airport The Senate yesterday confirmed the payment of N11 trillion as fuel subsidy claims in the last six years. The chairman of its Committee on Petroleum Downstream, Kabir Marafa (APC, Zamfara), made the disclosure while tendering a report.This comes as the upper legislative chamber approved the payment of N129 billion as subsidy arrears for 67 oil marketers. The approval followed the adoption of the report of the committee on the Promissory Note Programme and Bond Issuance for Oil Marketers Outstanding Claims before adjourning till June…

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