Major Oil Marketers Association of
Nigeria on Friday ?have ?reached an agreement with the National
Association of Road Transport Owners to suspend their strike, according
to an official. MOMAN Executive Secretary, Femi Olawore, made this known
while speaking with journalists on the ongoing impasse with the
government over outstanding fuel subsidy payment.
According to him, the marketers are
owing members of the transport association about N20 billion and their
inability to offset the debt prompted the suspension of the lifting of
products.
However, he said, following the release
of N154 billion to marketers by the Federal Government as part payment
of the subsidy, they had in turn offset part of the debt they owed the
transporters. Mr. Olawore said ?the ?government had yet to pay the N200
billion it is owing the marketers as subsidy payment.
He said the the marketers, with the
understanding of NARTO members, had given ?the ?government a grace of
two weeks to settle the remaining payments. “We have scheduled to meet
with the Coordinating Minister of the Economy on Monday, but if the
meeting fails to address the issue we have tabled, then we will continue
with the action?,?” he warned.
No comments:
Post a Comment