Sunday, 24 May 2015

We Have No Money To Import Fuel — Marketers




There are indications that the current fuel scarcity may not abate unless the Federal Government pays the outstanding N200m reportedly being owed the oil marketers as subsidy claims.

The oil marketers, who confirmed to Punch correspondent that they had stopped importation, said they could not continue with fuel importation as result of inadequate funds.


They spoke through the Executive Secretary, Major Oil Marketers Association of Nigeria, Mr. Obafemi Olawore.

Olawore, along with the Nigeria Union of Petroleum and Natural Gas Workers, also denied the report that they were on strike.

He said they were still waiting for the Federal Government to call them to another roundtable on how to pay the N200bn fuel subsidy owed them.

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