Friday 15 May 2015

Oil Marketers Demand Payment Of Outstanding 200bn Naira

There seems to be no end in sight to the fuel scarcity crisis triggered by the demand by oil marketers for the payment of subsidy funds, with the marketers demanding for the payment of 200 billion Naira the government still owes them.

An official of the Oil Marketers’ union in Nigeria told Channels Television on Friday that the union was only ‘demanding that the money marketers are owed should be paid’.

The Executive Secretary of the Major Oil Marketers Association, Mr Obafemi Olawoore, said three jetties controlled by the union in Apapa, Lagos State, were discharging fuel, but stressed that lack of fund had affected the importation of petroleum products.

There are three discharging points. The third is a vessel belonging to the Pipelines And Product Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation.

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