FG, oil marketers agree on settlement of unpaid claims

The resolution was contained in a statement jointly signed by officials of the Federal Government and representatives of the petroleum marketers after a joint meeting yesterday in Abuja. According to him, the petroleum marketers expressed satisfaction over the arrangement being made by the Federal Government to settle their claims and assured the members of the public of availability of petroleum products. He said that the meeting which was held at the Ministry of Finance in Abuja, had in attendance senior government officials from the Ministry of Finance, the Debt Management Office (DMO), the Nigerian National Petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN). Others present were officials from the Budget Office of the Federation, the Office of the Accountant-General of the Federation and the Petroleum Products Pricing Regulatory Agency (PPRA). Also in attendance on the part of the petroleum marketers were 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). Abechi said: “The DAPPMA, MOMAN and IPMAN with the Federal Government delegation meeting held at the Ministry of Finance in Abuja on Thursday, agreed that operations at all depots and sales will continue until further notice. “After a meeting held today (Thursday) with senior government officials from the Ministry of Finance, the DMO, NNPC, CBN, the Budget Office of the Federation, the Office of the Accountant-General of the Federation and the PPPRA, we are satisfied with the arrangements being made by the government to settle the claims of petroleum marketers.]]>