The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), has suspended the shut down directive it earlier issued to its members for five days.
Recall the Association had issued a shut down directive to its members following the continuing indebtedness of the Federal Government to petroleum marketers.
The DAPPMAN Executive Secretary Olufemi Adewole who conveyed the suspension in a letter to DAPPMAN Managing Directors and Chief Executive Officers on Monday, said the suspension was necessitated due to interventions from well meaning Nigerians, including the National Assembly and others.
Adewole, further noted that DAPPMAN resolved to recall its disengaged personnel for 5 days to give the FG’s Team the opportunity to conclude its process of paying marketers the full outstanding N800bn with the first tranche being the amount already approved by the FEC.
“Following the intervention of well meaning Nigerians including the National Assembly as represented by the Senate Committee on Petroleum, Downstream and constructive engagement of the Federal Government Team by labour unions most affected the disengagement (sic) of our personnel, namely PENGASSAN, NUPENG, NARTO and the PTD, the Association has acted in good faith to avoid unnecessary hardship which could befall Nigerians during the yuletide season and we hope that government would make good its promise to see that these issues are resolved by Friday, 14th December, 2018 as promised.
“To this end our disengaged personnel would be recalled on Monday, 10th December, 2018 and considering the reactivation time for hitherto shut down systems, all depots with fuel stock should be fully active same day” he said.
He stated however, that the conclusion of the debts payment would curtail the continuing wastage of public funds as interest accruing on the over N800Bn debt.
“DAPPMAN Depots are therefore advised to commence loading operations immediately and await further notifications in respect of our long overdue payment”, he remarked.