Oil marketers deny laying off workers as a result of N650 Billion FG debt

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Oil marketers have refuted claims that they had started laying off workers as a result of the non-payment of the over N650bn indebtedness of the Federal Government to petroleum dealers, The Punch reports.

It was also gathered that the marketers had agreed to mount pressure on the National Assembly to approve the amount for the payment, which had been sent to the legislators by President Muhammadu Buhari.

Earlier this year, petroleum dealers under the aegis of Depot and Petroleum Products Marketers Association of Nigeria in conjunction with Major Oil Marketers Association of Nigeria, threatened to lay off workers if the Federal Government continued to ignore the payment of the debt.

The marketers had expressed hope that the government would comply with their demand within a space of two weeks after the 14-day ultimatum was lifted. But this never happened, a development that led to the speculation that some of the oil dealers had started laying off workers.

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