We’ve been pay­ing bridging claims to mar­keters - PEF

Daily Trust - - BUSINESS - By Daniel Adugbo

The Pe­tro­leum Equal­i­sa­tion Fund (Man­age­ment) says there is no sub­sist­ing is­sue be­tween it and the Na­tional As­so­ci­a­tion of Road Trans­port Own­ers (NARTO) that can af­fect the trans­porta­tion of pe­tro­leum prod­ucts na­tion­wide.

The PEF Board in a re­ac­tion to a Daily Trust re­port yes­ter­day, said it was not true that the im­ple­men­ta­tion of the Trea­sury Sin­gle Ac­count (TSA) was im­ped­ing the pay­ment of bridging claims to mar­keters.

The gen­eral man­ager (Cor­po­rate Ser­vices) of the board, Dr. Goddy Nnadi, in state­ment said the board had been con­sis­tent in mak­ing pay­ments to mar­keters us­ing the TSA plat­form as di­rected by govern­ment.

“Se­condly, all out­stand­ing is­sues with the NARTO have been fully re­solved. There­fore, there is no per­vad­ing cir­cum­stance that could af­fect the trans­porta­tion of pe­tro­leum prod­ucts in all the de­pots across the coun­try,” he said.

The na­tional pres­i­dent of NARTO, Al­haji Kas­sim I. Bat­taiya, also con­firmed that the as­so­ci­a­tion has no is­sues with the board over the pay­ment of bridging claims.

Nnadi said the board was meet­ing with mem­bers of the Ma­jor Oil Mar­keters As­so­ci­a­tion of Nige­ria (MOMAN) and the De­pot and Pe­tro­leum Prod­ucts Mar­keters As­so­ci­a­tion (DAPPMA) in the com­ing weeks to dis­cuss var­i­ous ways of in­creas­ing service de­liv­ery.

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