Unless the Mohammadu Buhari-led Federal government pays the outstanding subsidy claim, the scarcity of petroleum products being experienced in the country would persist, the Depots and Petroleum Products Marketers Association of Nigeria (DAPPMA) has warned.
Mr Adewole Olufemi, the Executive Secretary of the
association, gave the warning on Tuesday in Lagos.
Olufemi said that the marketers had stopped importation of
petroleum products because of outstanding subsidy claims and commercial banks
refusal to offer members additional loans.
“After the Petroleum Tanker Drivers (PTD) and National Road
Transport Association (NARTO) suspended their strike on May 25, all our depots
were opened and we dispensed the little the stocks therein.
