Senate confirms n11tr oil subsidy payment okays n129b for marketers

It appears that the Nigerian Senate has confirmed the payment of N11 trillion as oil subsidy to oil marketers and also approved N129 billion for the marketers.

Here's a breakdown of the news:

• The Senate confirmed the payment of N11 trillion as oil subsidy to oil marketers, which is a significant amount that will benefit the marketers.
• The Senate also approved N129 billion for the marketers, which is additional funding to support their operations.

It's worth noting that the oil subsidy payment is a contentious issue in Nigeria, with many arguing that it is a waste of public funds and that the money could be better spent on other important sectors of the economy. However, the government has defended the payment, citing the need to support the oil industry and ensure the country's energy security.

It will be interesting to see how this development plays out in the coming days and weeks, and whether there will be any further debate or controversy surrounding the oil subsidy payment.