Oil marketers seek govt’s intervention to stabilise industry | The Nation Newspaper

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 69%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Marketers under the umbrella of Natural Oil and Gas Suppliers Association (NOGASA) of Nigeria have raised the alarm over the imminent scarcity of the Premium

Marketers under the umbrella of Natural Oil and Gas Suppliers Association of Nigeria have raised the alarm over the imminent scarcity of theThe group noted that already depots are deserted, retail stations shutting down and transporters packing their trucks.

“NOGASA is seriously worried that between now and December, this year, in the absence of government urgent intervention, the increasing loss of lives, businesses and jobs with the accentuation by mass shut of filling stations and packing up of petroleum tankers, all due to unattainable high cost of importation, lifting transportation and distribution of petroleum products.

He stressed that “filling stations are shutting down in great numbers daily and dealers are going out of business with many more on the verge of bankruptcy because of their inability to secure funds to facilitate orders for their stations”. On the palliatives which the government has released for the removal of subsidy, NOGASA, asked the government to provide palliatives for the marketers by releasing N600 per dollar for the next three months.

Speaking at the NEC meeting, the Independent Petroleum Marketers Association of Nigeria National Vice President, Mr. John Keke Ocha dropped the hint that there is low quality petrol in the market. Meanwhile, the Nation observed that retail outlets were gradually withdrawing their services in the Federal Capital Territory Abuja doctor reveals a unique way to permanently cure weak erection, small and shameful manhood, and infertility issues without side effects within a short period. Click now to see!!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines