Fuel Subsidy Debt: Depot owners suspend planned shutdown of operations
The Depot and Petroleum Products Marketers Association is giving the government another five days to pay its debts.
The Depot and Petroleum Products Marketers Association is giving the government another five days to pay its debts.
A finance ministry statement announced a settlement agreement had been reached.
The oil marketers had given a seven-day ultimatum.
Marketers on Sunday issued a seven-day ultimatum for the payment of their outstanding fuel subsidy debt
The Petroleum Products Marketing Company says available stock of petrol enough to last 45 days.
Marketers warn of withdrawal of services if government fails to meet their demands.
The oil marketers say they only want outright payment.
He said over 60 per cent of marketers had been forced out of business as banks had taken over their ...
The marketers say the inability of federal government to pay the debt has resulted in massive job losses in the ...
“The Corporation urges the public not to entertain any fear or engage in panic buying of petroleum products
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