FG pays marketersN338.24bn in 2012

Page 1

...towards a better life for the people VOL. 25: NO. 61702

**

ONLINE | www.vanguardngr.com

N150

TUESDAY, SEPTEMBER 4, 2012

SURE-P: FG rakes in N71bn from fuel price increase •P.12

Ex-CBN gov, Ola Vincent dies @ 87 •P.8

SUBSIDY CLAIMS:

FG pays marketers N338.24bn in 2012 •103 claims verified and paid •CBN debit notes not cashable — Marketers

BY CLARA NWACHUKWU

L

A G O S — RESPONDING to claims by oil marketing and trading companies, OM&TCs that the Sovereign Debt Notes, SDNs, given to them as reimbursement for petroleum products importated are not backed by cash, the Federal Ministry of Finance said it has paid about

Continues on page 5

State police and scare mongers 2 •P.17

Mr & Mrs

YOU WIN—From left: Minister of Women Affairs, Hajia Zainab Maina; Vice President, Namadi Sambo; President Goodluck Jonathan and Minister of Finance, Mrs. Ngozi Okonjo-Iweala during the Presidential Launch of 2nd Edition of Youth Enterprise With Innovation In Nigeria (You Win), yesterday, at the State House, Abuja.

FG debunks rumour of Ritualists invade —P.42 &43 Lagos-Shagamu Expressway First Lady's illness —P.10 C M Y K


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.