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. But it was gathered in Abuja on Wednesday that the marketers reversed their stance at the meeting of the ad hoc committee set up by the Presidency to get the oil marketers to restart the importation of refined petroleum products. It was also learnt that heads of some parastatals under the Federal Ministry of Petroleum Resources were members of some of the committees. The lawmakers denied any pending request to approve a loan for the payment of the debt by the Presidency. “The Senate will want members of the public to know that no such request has been made to it specifically requesting for a loan meant for payment to oil marketers.

Source: Punch January 04, 2018 02:15 UTC