DAPPMA gives FG 14-day ultimatum to pay N650bn debt

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On Tuesday, February 20, 2018, the association noted that if the Federal Government fails to meet the 14-day ultimatum to settle its members the debt it owed, workers will be disengaged from service.

The Executive Secretary of the Association, Olufemi Adewole said members did not have any other option to solve the problem of increasing debt burdens of borrowing to pay staff than to immediately commence massive staff disengagement.

Looming fuel crises

DAPPMAN secretary, Adewole further noted that should members of the association disengage its staff over the FG's failure to pay its debt, depots will be shut down and nationwide supply and distribution of petroleum will likely be severed.

“The unfortunate primary fallout of this step is the likely shut down of all DAPPMAN depots nationwide due to lack of manpower to operate same pending the time the Federal Government will pay off its indebtedness to petroleum marketers.

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“In the light of the above and after exhausting all formal avenues to secure payment of these debts, we have given government notice to the likelihood of disengaging our personnel.

“This unfortunately will have a multiplier effect on the nationwide supply and distribution of petroleum products which presently is still a struggle,’’ he said.

Buhari yet to respond to our plight - DAPPMAN

On the possibility of having an amicable sitdown with the FG, Adewole said there has been no response from even the presidency since its last letter in January 2018.

Adewole said that a letter was written to the Presidency on January 24, 2018 but government failed to respond to the plight of petroleum marketers, many of whom have become financially insolvent.

“We are continually under pressure from our banks/AMCON, with looming threats of imminent take-over of our petrol stations and tank farms," Adewole said.

According to the scribe, the last ultimatum letter serves as a reminder and an opportunity for government and its agencies to speedily approve and pay off its remaining subsidy era indebtedness to all the association’s members and all petroleum marketing companies.