By AARON CHIYANZOGOVERNMENT has dismissed claims by the African Confidential that Zambia’s arrears for fuel imports have reached US$1 billion.Ministry of Finance, Permanent Secretary for Economic Management and Finance, Mukuli Chikuba said contrary to the claims, only US$465 million was owed to fuel suppliers.“As at 31st March, the debt owed to fuel suppliers is US$465 million,” Mr Chikuba said in an interview in Lusaka yesterday.In its April issue, Africa Confidential Report claimed that arrears for fuel imports have climbed from US$600 million during last year to top US$1 billion.“Arrears for fuel imports have climbed from US$600 million during last year to top $1 billion,” the report reads in part.And the Zambian DNA says Africa Confidential is a propaganda tool for some opposition parties.Zambian DNA spokesperson, Spuki Mulemwa urged the public not to fall for the “lies” propagated by Africa Confidential.Mr Mulemwa said Africa Confidential was being used to spread lies in an effort to discredit […]
‘IT’S ALL LIES’, FUEL DEBT TO SUPPLIERS NOT US$1BN BUT ONLY US$465M – STATE

Sign Up For Daily Newsletter
Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
- Advertisement -