Minister of Finance and Coordinating Minister for the
Economy, Dr Ngozi Okonjo-Iweala has vowed not to pay oil
marketers their subsidy claims, accusing them of
presenting fraudulent claims with various exchange rates.
She said the marketers subsidy claims reeked of fraud and
that the marketers are just out to blackmail Nigerians and
make them suffer. She said this while addressing newsmen
in Abuja yesterday May 23
"Marketers were asking for N159 billion for
exchange rate differentials from the outstanding
N200 billion.
There has been so much fraud and scam so I have
refused to sign for that money but have agreed that
a committee be set up involving the Central Bank of
Nigeria (CBN) to verify marketers’ claims.
Marketers just want to make Nigerians suffer. I will
not pay the N159 billion without verification,
Nigerians should not allow themselves to be
blackmailed. I will not pay the N159 billion without
verification, Nigerians should not allow themselves
to be blackmailed"she said
