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Subsidy: Tank farm owners urge FG to pay importers

Tank farm owners on Friday appealed to the Federal Government to pay the subsidy due to all petroleum products importers to enable the association members be in business.

Mr Enoch Kanawa, Executive Secretary, Jetty Owners and Petroleum Tank Farm Owners Association of Nigeria, made the appeal in an interview with the News Agency of Nigeria in Lagos.

Kanawa said that for weeks now, tank farm owners had not had petroleum products to distribute.

“This has affected majority of our members because the Depot and Petroleum Products Marketers Association of Nigeria, which supply products to the tank farms, had not been paid,” he said.

When contacted, an official of DAPPMAN, who preferred anonymity, said the association members were yet to get subsidy for products imported.

The official said the 47 members of the association were being owed N47bn.

He said that the interests to be paid on the loans which the members took from the banks to import petrol had risen to N7bn.

He said that the government had always advocated that there should be a level playing ground where all parties should be treated equally.

He said that the association members should also be settled to stop the scarcity if other oil marketers had been paid.

Kanawa appealed to the Federal Government to pay the association members to ease scarcity of petroleum products.

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