The Independent Petroleum Marketers Association, IPMAN, has threatened to sue the Nigeria National Petroleum Corporation, NNPC, if it continues to supply petroleum products to the oil marketers that had issued an ultimatum to the Federal Government.
Recall that the aggrieved oil marketers had issued a 7-day ultimatum to the federal government for failing to settle their outstanding N800 billion Petroleum Equalisation Fund or shut down all depots across the country.
DAILY NIGERIAN reports that the ultimatum, which expires today (Monday), was issued by Major Oil Marketers Association of Nigeria, MOMAN, Depot and Petroleum Products Marketers Association, DAPPMA and the Independent Petroleum Products Importers, IPPIS.
However, in a telephone interview with our correspondent on Sunday, the Kano zone chairman of IPMAN, Bashir Dan-mallam described the claims of the oil marketers as untrue and deceitful.
According to him, IPMAN discovered that the Federal government does not owe the marketers such huge amount of money they claim, adding that the marketers are not selling the product at the N133.28 per litre approved by NNPC.
Mr Dan-mallam, therefore, called on the federal government not to settle the PEF debt, stressing that there is no subsidy to be paid since the marketers do not sell the product at the approved price.
He also urged the federal government to direct Department of State Security, DSS to launch an investigation in order to ascertain whether their claim of N800 billion is true or not.
“We call on NNPC to stop supplying petroleum to those oil marketers who threatened to go on strike over Mon settlement of their debt. We will sue the NNPC if it continues supplying them.
“As far as I am concerned, their claims are just false because they are not selling the product at the approved N133.28. They rather sell the commodity to us at the rate of N144 to N145/ litre.
“At this juncture, I call on the federal government to direct DSS to launch an investigation on how they arrived at N800 billion PEF while they are not selling the product at the official rate,” he said.
Mr Dan-Mallam, however, urged Nigerians to stay calm as the corporation had provided adequate stock that would be sufficient for Nigerians throughout the upcoming festive periods.
He assured Nigerians that the era of end-of-year petroleum scarcity is over, adding that the citizens would witness hitch-free Christmas and New Year celebrations, without any difficulty in accessing the product.