All is set for the governor of Central Bank of Nigeria (CBN), Godwin Emeifele, to meet with executives of commercial banks, leaders of Depot and Petroleum Products Marketers Association (DAPPMA) as part of efforts to resolve the lingering fuel subsidy crisis.
Despite federal government’s decision to pay outstanding debts it incurred via subsidy payment on petroleum products, there had been growing tension over impending fuel scarcity in the yuletide period following the threat by oil marketers to embark on strike.
The meeting, according to DAPPMA, will determine the next line of action to be taken by the oil marketers on the issue.
LEADERSHIP learnt that the meeting is critical to the resolution of issues emanating from discrepancies between figures approved by government for payment and what the marketers are claiming.
According to sources, the meeting will also afford the government the opportunity to explain to the banks its position on interest charges…
