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Oil Marketers Give Nigerian Government 7 Days To Settle Debt

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Oil Marketers Give Nigerian Government 7 Days To Settle Debt

Oil marketers have once again given the Federal Government a seven-day ultimatum on Sunday to settle outstanding debts totaling almost N1 trillion.  They say if this is not done, depots would cease operation across the country.

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The marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products importers (IPPIS), said failure to meet the deadline would force its members to disengage workers from depots.

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Patrick Etim, Legal Adviser to IPPI confirmed that banks have taken over investments and assets of oil marketers over unpaid debts.

Etim says marketers have instructed their workers to stay at home. They say the only way out is for the government to pay the outstanding debts through cash option instead of its proposed promissory note.

READ:  Professor Sagey Says Saraki's Defection To PDP Is Good News For APC

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Nigerian News

Goodluck Jonathan Denies Dumping PDP

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Goodluck Jonathan Denies Dumping PDP

Former president Goodluck Jonathan has denied rumours he had dumped the People Democratic Party.

The former president said he has no reason to quit the Peoples Democratic Party (PDP), or retire from politics for now.

READ:  Collation Updates: Buhari Leads In Seven States, Atiku In Four States

He made the statement through his media adviser, Ikechukwu Eze, in reaction to a report by an online publication claiming the former president had resigned from PDP and quit politics.

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Eze’s statement described the news as fake, saying it was a “calculated attempt to rubbish the elder statesman”

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Nigerian News

Supplementary Elections: Presidency Urges APC Candidates To Work And Earn People’s Mandate

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Supplementary Elections: Presidency Urges APC Candidates To Work And Earn People's Mandate

President Mohammadu Buhari has charged all APC candidates in states where supplementary elections would hold to work hard to earn the people’s trust and mandate.

The presidency warned state governors against having any thoughts that the president would influence the decision of the people.

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It also warned political leaders to desist from making inflammatory statements capable of inciting the citizenry to violence ahead of Saturday’s supplementary elections.

The presidency said some party leaders expected that Buhari would abuse his office by usurping the powers of INEC to turn the table in their favour.

READ:  NNPC Accuses NASS Of Being Unfair

Party leaders in the six states were advised to work hard to earn the people’s votes on Saturday.

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Nigerian News

Gbenga Daniel Quits Politics, Shows Interest In APC

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Gbenga Daniel Quits Politics, Shows Interest In APC

Ogun State former governor Gbenga Daniel has shown interest in joining the All Progressives Party.

Gbenga Daniel resigned from the Peoples Democratic Party (PDP), on Saturday saying he was quitting politics.

READ:  Oil Marketers Appeal To Federal Government To Pay N800bn Subsidy Debt

But on Sunday, after meeting with his supporters, Daniel said he was considering their plea that he ‘lead them into APC.’

Apart from governing Ogun under the PDP, Gbenga Daniel was the chief campaign strategist for the PDP presidential candidate, Atiku Abubakar, in last month’s election.

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Daniels also supported Ogun APC governorship candidate, Dapo Abiodun, in the governorship election in the state.

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