oil subsidy

Walter Wagbatsoma, chairman, Ontario Oil & Gas Limited who was sentenced to 10 years following his prosecution by EFCC for N754million oil subsidy fraud, has been convicted by Leicester Crown Court in UK for money laundering.…

In a bid to end the lingering fuel crisis across the country, the Federal Government said it has paid N407, 076,805,386.30 subsidy claims to oil marketers. The Minister of Finance, Kemi Adeosun who confirmed the payment said President…