The Federal Government owes members of the Depot and Petroleum Products Marketers Association (DAPPMA) and the Major Oil Marketers Association of Nigeria (MOMAN) over N291 billion in unpaid subsidy reimbursement for fuel imported under the petroleum subsidy scheme, interest on delayed payment and foreign exchange differentials, DAPPMA Executive Secreatary, Olufemi A. Adewole has said.
Adewole said the aftermath of the Senate Committee’s meeting with major petroleum industry stakeholders that persuaded the petroleum tanker drivers, and NARTO to call off their strike and resume loading of fuel, it has become necessary to state that the two bodies are still being owed over N291 billion under the fuel subsidy scheme.
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