Nigerian oil marketers to resume fuel importation after meeting with Government
-Petrol to remain N145 per litre
Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu
London, Jan. 4, 2018 (AltAfrika)-There are indications that oil marketers in Nigeria would soon resume importation of petrol and had backed down on their demand for an upward review of the pump price of petrol after their meeting with the government on Wednesday.
On Tuesday, the Chairman, Depot and Petroleum Products Marketers Association, Dapo Abiodun, had stated that the marketers could no longer import petrol at a controlled price of N145 per litre.
Sources at the meeting told Punch Newspaper that a communique on the resolutions reached at the meeting would be made public soon, but noted that the marketers also appealed to the Federal Government to grant them tax holidays and other incentives that would help cut their costs when they resumed fuel importation.
It was learnt that four sub-committees were constituted at the meeting, which was chaired by the Minister of State for Petroleum Resources, Ibe Kachikwu, at the ministry’s headquarters in Abuja.
“Four sub-committees were inaugurated by the minister and we agreed on a price that is good for Nigerians, which of course, is the current price. All these and more will be in the communique that will be released soon,” a source who spoke to our correspondent in confidence, said.
Another source stated that the committees included those on logistics and business conduct, adding that the agreements reached at the meeting would be relayed to the Presidency before the communique would be made public.
It was also learnt that heads of some parastatals under the Federal Ministry of Petroleum Resources were members of some of the committees.
Meanwhile, the Senate has denied an alleged claim by the Chief of Staff to the President, Abba Kyari, that the National Assembly is responsible for the delay in the payment of the debt owed oil marketers by the Federal Government.
The lawmakers denied any pending request to approve a loan for the payment of the debt by the Presidency.