Subsidy: Oil Marketers Reveals When To Shut Down Operations
Nigeria was late last year hit with fuel scarcity. Image: Guardian

Nigerian oil marketers under the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) have said they will shut down operations by midnight.

This was revealed in a statement by the DAPPMA’s Executive Secretary, Olufemi Adewole, on Sunday where it noted that they will close down all loading operations by midnight on Sunday.

“The Association took a bold step to stop the financial hemorrhaging of its members by the painful disengagement of its loyal workers after over 3 years of engaging with the Federal Government in the efforts to secure the payment of all subsidy induced debt owed marketers,” the statement said.

“To avoid owing staff without any hope of pay, it is hereby agreed that since all our staff have been disengaged, ALL DAPPMAN Member depot are not in a position to operate hence WILL SHUT DOWN ALL LOADINGS AT MIDNIGHT, Sunday, December 9.”