FG, oil mar­keters agree on set­tle­ment of un­paid claims

Daily Trust - - NEWS - By Chris Agabi

The Fed­eral Gov­ern­ment and pe­tro­leum mar­keters yes­ter­day agreed on set­tle­ment of out­stand­ing claims and as­sured that op­er­a­tions at all de­pots and sales will con­tinue un­til fur­ther no­tice.

This was con­tained in a state­ment jointly signed by of­fi­cials of the fed­eral gov­ern­ment and rep­re­sen­ta­tives of the pe­tro­leum mar­keters in Abuja.

A state­ment from Paul Ella Abechi, Spe­cial Ad­viser to the Min­is­ter of Fi­nance on Me­dia & Com­mu­ni­ca­tions, said this hap­pened at the meet­ing held at the Fed­eral Min­istry of Fi­nance in Abuja.

The state­ment said the meet­ing had in at­ten­dance se­nior gov­ern­ment of­fi­cials from Fed­eral Min­istry of Fi­nance, the Debt Man­age­ment Of­fice (DMO), the Nige­rian Na­tional Pe­tro­leum Cor­po­ra­tion (NNPC), the Cen­tral Bank of Nige­ria (CBN), the Bud­get Of­fice of the Fed­er­a­tion, the Of­fice of the Ac­coun­tant-Gen­eral of the Fed­er­a­tion and the Pe­tro­leum Prod­ucts Pric­ing Reg­u­la­tory Agency (PPPRA) in at­ten­dance.

Also in at­ten­dance on the part of the pe­tro­leum mar­keters are rep­re­sen­ta­tives from the De­pot and Pe­tro­leum Prod­ucts Mar­keters As­so­ci­a­tion (DAPPMA), Ma­jor Oil Mar­keters As­so­ci­a­tion of Nige­ria (MOMAN) and In­de­pen­dent Pe­tro­leum Mar­keters As­so­ci­a­tion of Nige­ria (IPMAN).

While ex­press­ing sat­is­fac­tion overt­hear­range­ment­be­ing­made by the Fed­eral Gov­ern­ment to set­tle their claims, the pe­tro­leum mar­keters as­sured the mem­bers of the pub­lic of avail­abil­ity of pe­tro­leum prod­ucts.

“The dis­cus­sions showed that the Gov­ern­ment has con­sid­ered the con­cerns and is re­view­ing the ini­tial process ap­proved by the Gov­ern­ment for the set­tle­ment. We con­sider that this shows the Gov­ern­ment’s re­spon­sive­ness to the need for the claims to be set­tled in a timely man­ner.

“We hereby wish to re­as­sure the mem­bers of the pub­lic on the avail­abil­ity of PMS. We urge the pub­lic not to panic, as there will be no fuel scarcity.

“The en­gage­ment of the two sides will con­tinue on Mon­day, De­cem­ber 10, 2018.”

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