Oil Marketers Deny Signing Agreement — Leadership Newspaper

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… Says 7-day ultimatum stands

The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMA) at the weekend in Lagos denied reaching an agreement with the Federal Ministry of Finance on the payment of the N800 billion subsidy arrears.

The marketers in a statement signed by the the executive secretary, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Mr Olufemi Adewole, reiterated that there was no agreement, claiming that offers by ministry failed to meet the legitimate demands of the association.

‘‘We refer to the press release from the Federal Ministry of Finance on December 6 following the meeting with marketers under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), DAPPMA and Independent Petroleum Marketers Association of Nigeria (IPMAN), said the marketers had agreed to resume operations.

‘‘We did not sign the purported document with government as claimed. We still stand by our ultimatum,’’ he said.

He…



Source: Leadership Newspaper