FG Responsible For Fuel Scarcity — Oil Marketers

Fuel Scarcity
Fuel Scarcity:-The federal government has been accused of being the reason why the importation of Premium Motor Spirit (PMS) has not been possible.

According to the News Agency of Nigeria, the accusation came from some accredited oil subsidy marketers on Thursday, November 12, noting that the government’s failure to release the approved N413 billion subsidy debt was disrupting their fuel importation schedule.

The oil marketers said that one week after the approval was granted, that their concern was that the money had not been released.

They alleged that the delay was affecting loading activities at depots and had led to the shutting down of some filling stations due to non-availability of petroleum products.

In an interview with NAN in Lagos, the marketers said: “Government, through the Central Bank of Nigeria, has not released any subsidy claims as promised.

“As I am talking to you we have been directed by the CBN to go and meet the debt management office for clarification.

“All our efforts to get the said money have been in vain and to start importing has been a serious problem.

“There is no money to back up the cheques presented to the marketers.

“We do not even know the basis for the clarification of the cheques, but we are aware that there is no money in the account.

“It is like giving the marketers cheques only to discover that there was no money in the account.”

The Federal Government, had on Nov. 3, approved the sum of N413 billion to petroleum products marketers as the outstanding payment for subsidy claims.

However, the marketers said that there was nothing like importing now due to the fact that all the marketers were upset over the alleged failed promised.

One of the marketers added: “If you go outside Lagos you know how much they are selling fuel per litre now, it is the last stock that we are selling now.

“It is unfortunate that the Department of Petroleum (DPR) is saying that we are hoarding the products, which is not the truth.

“We have not collected a single coin from the money.

“If not the fact that some of the marketers are making some money from other products, how do you think we will be able to get anything for now?

“We have been summoned by the DPR for a meeting this morning to settle the crisis, we are only managing what we have in stock at present.”

Last week, the Nigerian National Petroleum Corporation (NNPC) said that Nigeria has lost about N48bn to crude oil theft between January and September this year.

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