Fuel marketers call for release of N413bn subsidy claim
Some accredited oil subsidy marketers
on Thursday said the failure of Federal
Government to release the approved
N413 billion subsidy debt was disrupting
their fuel importation schedule.
The marketers made their feelings
known in an interview with the News
Agency of Nigeria (NAN) in Lagos.
They said thad they were concerned that
the money had not been released one
week after the approval was granted.
The marketers alleged that the delay was
affecting loading activities at depots and
had led to the shutting down of some
filling stations due to non-availability of
petroleum products.
“Government, through the Central Bank
of Nigeria, has not released any subsidy
claims as promised.
“As I am talking to you we have been
directed by the CBN to go and meet the
Debt Management Office for
clarification.
“All our efforts to get the said money
have been in vain and to start importing
has been a serious problem.
“There is no money to back up the
cheques presented to the marketers.
“We do not even know the basis for the
clarification of the cheques, but we are
aware that there is no money in the
account.
“It is like giving the marketers cheques
only to discover that there was no money
in the account.
“Nothing like importing now because all
marketers are angry because of the
failed promised,” one of the marketers al
The market said; “If you go outside Lagos
you know how much they are selling fuel
per litre now, it is the last stock that we
are selling now.
“It is unfortunate that the Department of
Petroleum (DPR) is saying that we are
hoarding the products, which is not the
truth.
“We have not collected a single coin
from the money.
“If not the fact that some of the
marketers are making some money from
other products, how do you think we will
be able to get anything for now?
“We have been summoned by DPR for a
meeting this morning to settle the crisis,
we are only managing what we have in
stock at present,” he said.
NAN recalls that the Federal
Government, had on Nov. 3, approved
the sum of N413 billion to petroleum
products marketers as the outstanding
payment for subsidy claims
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