The fuel queues in filling stations are now re-emerging in Abuja and some parts of Lagos. It is not clear if this is as a result of the threat by the petroleum products marketers association of Nigeria. According to the marketers, it will be a matter of time for the queues to come back since the federal government has not kept it side of the bargain by paying their outstanding debts.
According to the spokesman of the major oil marketers association of Nigeria, Thomas Olawore, the stocks left may not last more than three days. He challenged the NNPC to mention where the stocks they say will last 20 days are located. He said its members are owed N256.2bn in subsidy arrears and that the N100bn in sovereign debts notes are yet to be received by its members.
Olawore said that their transporters are owed about N10bn. the major challenge that the marketers now have is that it does not know if the incoming government will continue with the subsidy programme. There are conflicting signals from the APC leadership which creates a situation of uncertainty which they say is not good for their investments. They say they do not want to incur cost that the incoming administration will not bear.
They are also worried that not all their members have received payment. They are yet to receive proper assurances as to how the outstanding debts will be settled. Meanwhile, the queues are growing in the major cities causing anxiety that it could be deliberate to create doubt in the ability of the incoming government.
‘It is disingenuous to accuse everyone who calls for restructuring as trying to break up the county. History tells us that that kind of cheap blackmail will not work as long as the underlying reasons for the agitations persist.’
‘The biggest challenge seems to be that we seem to be allowing moderate voices on this issue to be drowned out by the reckless utterances of a few rabble rousers on all sides who may be tools in the hands of those who do not wish this country well. These are some of the people who arrogate to themselves the toga of spokespersons of our diverse groups.’
-Ex VP Atiku Abubakar on Restructuring.
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