Oil
Oil & GasTop Story

Nigeria’s oil marketers say strike inevitable in December

751

It looks like Nigerians may experience recurring fuel shortages this Christmas through the New Year as Nigeria’s oil marketers have insisted on going on nationwide strike over Nigeria’s oil subsidy debts, which would likely cost the government about N800 billion or $2.2 billion.


Per Second News had earlier reported that the oil marketers had reached an agreement with the Nigerian government to suspend the threatened strike, but less than 48 hours after that report, Depot and Petroleum Marketers Association (DAPPMAN), is denying reaching any agreement with the government.


The group’s executive secretary, Olufemi Adewole, said in a written statement that: “There was no agreement reached because offers by the government failed to meet the legitimate demands of the association. Our ultimatum stands.” 


It will be recalled that the oil marketers, comprising of DAPPMAN, Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) had met with Nigerian government agencies on Thursday to reach an agreement that could potentially avert the strike action, but group said they hadn’t reached an agreement with the government despite information from Nigeria’s ministry of finance saying otherwise.


“DAPPMAN reiterates that there was no agreement reached because offers by Government failed to meet the legitimate demands of the Association and we did not sign the purported document hence our ultimatum stands as we cannot continue to borrow from banks to pay staff salaries.


DAPPMAN’s demands made to the FG through the HMOF and DMO was to pay in cash, the total sum of indebtedness to marketers within the time frame expressed in communications with these Government Ministry and Office to enable us continue in business; pay our staff and not rely on facilities from Banks; which are no longer forthcoming,” he said in the statement.

Leave a comment

Related Articles

Defence Minister Musa Meets with Service Chiefs Behind Closed Doors

In a bid to hit the ground running on assumption of office,...

Tinubu Seeks Senate’s Confirmation of Omokri, Fani-Kayode, Other Ambassadorial Nominees

President Bola Tinubu on Thursday transmitted a fresh batch of 32 ambassadorial...

NASS to FG: Name Terrorism Financiers Now

The National Assembly has called for the public naming and prosecution of...

“Trump Is On Our Neck”: Akpabio Alerts Senate

Senate President Godswill Akpabio openly declared the intense pressure Nigerian leaders and...

Just In: US Slaps Visa Restrictions on Nigerians Linked to Christian Killings

The United States has announced new visa restrictions targeting individuals in Nigeria...

Wike, Fayose, Anyanwu, Others Get PDP’s Expulsion Certificates

The People’s Democratic Party (PDP) announced that it has formally issued certificates...

Tinubu Orders Security Chiefs to Intensify Fight Against Insecurity

President Bola Tinubu has directed Nigeria’s security chiefs to step up efforts...

Breaking: Tinubu Nominates Ex-CDS Christopher Musa as New Defence Minister

President Bola Tinubu has nominated Gen. Christopher Musa, the immediate past Chief...

Breaking: Nigeria’s Defence Minister Quits

Nigeria’s Minister of Defence, Mohammed Badaru Abubakar, has resigned from his position,...

Just In: Insecurity : Northern Govs, Emirs Converge in Kaduna for Meeting

Northern governors and traditional rulers have gathered for an urgent meeting at...

Just In: Abia Gov. Otti Meets Detained Kinsman Nnamdi Kanu in Sokoto Prison

Abia State Governor Alex Otti has visited the detained leader of the...

Presidency Vows to Unmask Terrorism Financiers in Nigeria

President Bola Tinubu’s administration is poised to reveal the identities of those...

California’s Stockton Shooting: 3 Kids Among 4 Fatally Shot at Birthday Bash

Three children were among four people who died in a mass shooting...

Gunmen Attack Kogi Church During Sunday Service, Whisk Away Pastor, Wife, Worshippers

Gunmen have struck again, this time targeting the Cherubim and Seraphim Church...

Breaking: Pres. Tinubu Nominates 32 More Ambassadors

President Bola Tinubu has forwarded 32 additional ambassadorial nominees to the Senate...

Tinubu Hails Nigeria’s Return to Global Maritime Stage After 14-Year Hiatus

Nigeria’s re-election to the Council of the International Maritime Organisation (IMO) is...

Tinubu Launches National Tax Policy Implementation Committee

President Bola Tinubu has established the National Tax Policy Implementation Committee (NTPIC)...

Updated: Jonathan Back in Abuja After Dramatic Evacuation from Guinea-Bissau

Former Nigerian President Goodluck Jonathan has safely returned to Abuja after being...

Just In: Bandits Strike Again in Niger: 24 Kidnapped, Blind Man’s Hand Cut Off

A renewed wave of banditry in Niger State’s Erena Local Government Area...