Home News N650b Debt: DAPPMAN Jettisons 14-Day Ultimatum Given To FG

N650b Debt: DAPPMAN Jettisons 14-Day Ultimatum Given To FG

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Olufemi Adewole, the Executive Secretary of DAPPMAN...
Olufemi Adewole, the Executive Secretary of DAPPMAN...

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has cancelled the 14-day ultimatum it gave the Federal Government to pay the N650 billion being owed petroleum marketers.

In a statement made available to PMParrot by DAPPMAN on Monday evening, the association said the decision was reached after what it called “a series constructive engagements and meetings were held with NNPC, Ministry of Labour, the Presidency and DAPPMAN/MOMAN.”

The statement which was signed by Prince Dapo Abiodun  and Mr Olufemi Adewole, Chairman and Executive Secretary of DAPPMAN respectively also submitted further that “Marketers have been reassured about the FGN’s commitment to make payment as evidenced by the request for approval for appropriation of same to the National Assembly.”

DAPPMAN added “It is our hope that this approval will be given promptly and these long overdue payments made subsequently.

“Consequently, DAPPMAN/MOMAN hereby suspend the issued 14 days ultimatum and use this medium to plead with all our staff under the various umbrella Unions: NARTO, PENGASSAN, NUPENG/PTD to please bear with us whilst this approval for appropriation by the NASS is being deliberated on and processed, which we believe will not exceed two (2) weeks in view of the adverse implications of any delays.”

Packaged by Alice Egbedele

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