OIL & GAS

Fuel Crisis – Marketers Deny Payment From Govt, Say Strike Continues

Fuel Crisis - Marketers Deny Payment From Govt, Say Strike Continues
NARTO

Despite the claim by the Federal Government that N156 billion was released on Thursday to oil marketers to facilitate the quick resolution of the current fuel crisis, the National Association of Road Transport Owners (NARTO), has said normal lifting of fuel will not resume till their members’ accounts are duly credited by the banks.

As at 4.35 p.m. on Thursday last week, the Executive Secretary, Depot & Petroleum Products Marketers Association (DAPPMA), Odufemi Adewole saidin a telephone interview that none of its members and their counterparts in the Major Oil Marketers Association (MOMAN), had confirmed receiving any payment.

“The money government said it was paying to marketers has not yet hit our accounts. So, there is little we can do about the situation,” Mr, Adewole said. “The money the Minister of Finance promised to pay us last February did not get into our hands till about four or five weeks later.

“If all members are not getting the money today, it means we have to wait till Monday. But, the truth is that nobody is going to call off the strike till the money is paid,” he added.

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