The Federal Government has ordered the payment of 150 billion naira to Independent Oil Marketers across the country.
It is a move by the government to douse threats of abridging steady supply of petroleum products within the nation.
ABBA KYARI, the Chief of Staff to President MUHAMMADU BUHARI, gave the order at a meeting he had with key players in the downstream sector of the petroleum industry on Wednesday evening.
The National Secretary of the Independent Petroleum Marketers Association of Nigeria, Mr ZARMA MUSTAPHA who spoke to selected journalists after the meeting, clarified that the gathering was not about fuel increase but on the disbursement of the N150 billion which is accrued to the marketers as bridging costs.
Mr MUSTAPHA however urged marketers to return to work based on the assurances from government on the immediate payment of the fund.