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DAPPMAN Suspends Shutdown of Depots

DAPPMAN Extends Ultimatum. Suspends Shutdown of Depots

DAPPMAN Suspends Shutdown of Depots

Depot and Petroleum Products Marketers Association of Nigeria () has extended the ultimatum it gave the Federal Government and suspended the planned shutdown of depots across the country.

The oil marketers group disclosed this in a statement signed on Monday by its executive secretary, .

The group said it will extend it earlier 7 days ultimatum with another 5 days to give the Federal Government more time to look into the issue and settle the outstanding N800 billion debts.

This is following oil marketers, comprising Major Oil Marketers Association of Nigeria (), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (), giving the federal government a seven days ultimatum to  settle outstanding debts totaling N800 billion.

According to DAPPMAN, its decision was because of the intervention of well-meaning Nigerians.

“However, following the intervention of well-meaning Nigerians including the National Assembly as represented by the Senate Committee of Petroleum Downstream and constructive engagement of the Federal Government team by the labour unions most affected by the disengagement of our personnel, namely, PENGASSAN, NUPENG NARTO, and the PTD, DAPPMAN has resolved to recall its disengaged personnel for five-days to give the FG’s team the opportunity to conclude its process of paying marketers the full outstanding of N800 billion with the first trench being the amount already approved by the Federal Executive Council (FEC).

“The association has acted in good faith to avoid unnecessary hardship which could befall Nigerians during the yuletide season and we hope that government would make good its promise to see that these issues are resolved by Friday, December 14, 2018 as promised,” the statement read.

 

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