Breaking News in Nigeria Today

Petroleum marketers shelve planned strike over unpaid subsidy claims

PetroleumPetroleum marketers on Thursday announced a decision to shelve their planned strike over unpaidsubsidy claims during the Christmas and New Year celebration. 

At a meeting with representatives of the Federal Government in Abuja, the marketers comprising representatives of Depot and Petroleum Products Marketers Association (DAPPMA), Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) declared in a statement “we are satisfied with the arrangements being made by the Government to settle the claims of petroleum marketers.”

They agreed that operations at all depots and sales outlets will continue until further notice.

ALSO READ: PIB not jinxed, suffers lack of political will – Expert

 “After a meeting held today, Thursday, December 6, 2018, with senior Government officials from the Federal Ministry of Finance, the Debt Management Office, the Nigerian National Petroleum Corporation, the Central Bank of Nigeria, the Budget Office of the Federation, the Office of the Accountant-General of the Federation and the Petroleum Products Pricing Regulatory Agency, 

 “The discussions showed that the Government has considered the concerns and is reviewing the initial process approved by the Government for the settlement. 

“We consider that this shows the Government’s responsiveness to the need for the claims to be settled in a timely manner.

 “We hereby wish to reassure the members of the public on the availability of PMS. We urge the public not to panic, as there will be no fuel scarcity.

 “The engagement of the two sides will continue on Monday, December 10, 2018.”

The meeting which was held at the Federal Ministry of Finance in Abuja had senior government officials from Federal Ministry of Finance, the Debt Management Office (DMO), the Nigerian National Petroleum Corporation (NNPC), the Central Bank of Nigeria (CBN), the Budget Office of the Federation, the Office of the Accountant-General of the Federation and the Petroleum Products Pricing Regulatory Agency (PPPRA) in attendance.

Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More