Okonjo-Iweala denies blocking oil subsidy payments 
Published on January 8, 2013 by pmnews · 4 Comments
Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala has refuted media reports which alleged that her ministry was blocking verified payments to petrol marketers.
Ngozi Okonjo-Iweala.
According to the Minister, her ministry made the N161.6 billion supplementary budget for subsidy payments which had been approved by the National Assembly available to the Central Bank of Nigeria since December 31, 2012.
The payments are presently going through the CBN’s processes which include the conversion of the dollar equivalent from the Excess Crude Account and will be concluded soon, she said.
She confirmed that payments totalling N94 billion have been verified for 23 marketers who will be paid in the next few days.
“We are committed to paying all companies who deserve to get subsidy payments just as we will not pay undeserving firms. That is the mandate we have from the President”, Dr Okonjo-Iweala declared, in a statement signed by Paul Nwabuikwu, her special adviser on communications.
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Miss piggy is getting scared now after her mama’s saga…So what next.She’ll deny she’s the minister of Finance? or been paid in Dollars?
Did you listen to yourself? Instead of commending her for a great job done, you are busy criticizing!
GEJ is a very bad leader who says one thing and do another.
The general projection was that he would get supplementary budget last year to fix the refineries, which would refine at less than import rates and distribute first through the NNPC mega stations at prices less than N100.00 and the subsidy mongers would disappear from the scene.
To-date, nothing significant is going on in that direction.
This is an evil nation where subsidy on PMS and DPK alone forms 30% of the annual budget.
How much of PMS and DPK do we really consume?
They have arranged to burn down INEC registers office so that they can steal billions of Naira again.
the next is N60billion GSM for farmers and other sleazy project with which our monies can be stolen easily.
Should Nigerians not at this point take their destinies in their hand like MALI, CENTRAL AFRICAN REPUBLIC to battle these fool who only engage in projects for supplies only, leaving out developmental and capital?
Why is the woman blocking payment of the subsidy when her oga is not ready to find solution?
Okonjo is trying her best. I think her efforts should be applauded.