According to Expdonaloaded blog,
Nigeria may soon experience another instance of fuel scarcity because
the federal government is yet to pay N256.2 billion debt it is owing the
Major Marketers Association of Nigeria (MOMAN).
Consequently, MOMAN says it may be unable to import petroleum products.
Speaking on the issue, Executive Secretary of MOMAN, Obafemi Olawore said: “MOMAN
is finding it difficult to continue its operations. The debts are
rising. MOMAN is fed up with stock today, no product tomorrow. Soon we
may have to rely on NNPC for supplies. This could be a problem because
NNPC has issues with its suppliers over debt also.”
He further stated that “the
industry is bleeding. Our suppliers are at our neck. As at April 22,
what we have in our Apapa depots will only last for three and half days,
which shows that our members are finding it difficult to bring in
products. Presently, we are being owed N256.2 billion.
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