FG’S DEBT TO MARKETERS: DAPPMAN NOTIFIES PRESIDENCY OF INTENTION TO EMBARK ON MASS RETRENCHMENT

LAGOS, Nigeria – Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has sent a 21-day notice to the Presidency, notifying it of intention to embark on massive retrenchment. in the oil and gas sector.

The notice was dated February 20, 2018 sent to Minister of State for Petroleum Resources, Dr. Ibe -Kachikwu and signd by Olufemi A. Adewole
Executive Secretary , DAPPMAN. The oil workers also copied the Vice President, Professor Yemi Osibanjo, President of the Senate, Dr. Bukola Saraki, Speaker House of Representatives, Hon. Yakubu Dogara, the Chief of Staff and the relevant. ministries ,departments and unions.

DAPMAN said it is now under pressure by creditors including banks and AMCON with looming threat to take over their petrol stations and tank farms due to inability of the Federal Government to pay outstanding debts owed marketers. It added that in order to forestall increasing its debt burde, it. is left with no other option but to embark on mass sack of workers in the oil and gas sector.

“We continually under pressure by, our banks/AMCON, with looming threats of imminent take-over of our petrol stations & Tank Farms and other creditor labour unions, NARTO/PTD to whom we are substantially indebted due to past freight services.
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“In the light of the fore going, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) members do not have any other option open to us to forestall increasing debt burdens of borrowing to pay staff than to immediately commence massive staff disengagement as earlier forewarned in our letter of 24th January, 2018, where we had, in the light of the above and after exhausting all formal avenues to secure payment of these debts, alerted the Federal Government, via a 21-day notice to the likelihood of disengaging personnel; a last resort to curtail spiralling borrowings and interests in the effort to meet salary obligations to underutilised personnel”, DAPPMAN said. see details below.

20th Feb. 2018

Dr. Emmanuel Ibe-Kachikwu,
Hon. Minister of State, Petroleum Resources,
Federal Ministry of Petroleum Resources,
NNPC Towers, F.C.T,
Abuja.

Dear Hon Minister,

Re: OUTSTANDING SUBSIDY INDUCED DEBTS OWED
PETROLEUM MARKETERS: NOTIFICATION OF FORMAL
DISENGAGEMENT OF STAFF DUE TO OUR INABILITY TO
CONTINUE BEARING THE COSTS ALONGSIDE INTEREST BURDEN:
ACTION PLAN REMINDER!

Sir, Subsequent to our letter ref: DS/ES/Presidency/16 dated 24th Jan, 2018 and copied to you (as attached), we again observe a lack of response, on the part of the Federal Government, to the plight of petroleum marketers, many of which have become financially insolvent.

We are continually under pressure by, our banks/AMCON, with looming threats of imminent take-over of our petrol stations & Tank Farms and other creditor labour unions, NARTO/PTD to whom we are substantially indebted due to past freight services.

In the light of the fore going, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) members do not have any other option open to us to forestall increasing debt burdens of borrowing to pay staff than to immediately commence massive staff disengagement as earlier forewarned in our letter of 24th January, 2018, where we had, in the light of the above and after exhausting all formal avenues to secure payment of these debts, alerted the Federal Government, via a 21-day notice to the likelihood of disengaging personnel; a last resort to curtail spiralling borrowings and interests in the effort to meet salary obligations to underutilised personnel.

The unfortunate primary fallout of this step is the likely shut down of all DAPPMAN depots nationwide due to lack of man power to operate same pending the time the Federal Government will pay off its indebtedness to petroleum marketers. This unfortunately will have a multiplier effect on the nationwide supply and distribution of petroleum products which presently is still a struggle.

This letter serves as a fresh 14-day reminder from today and an opportunity for the Federal Government tiers and its agencies to speedily approve and pay off its remaining subsidy era indebtedness to all our members and indeed all petroleum marketing companies.

Whilst we would remain expectant of Federal Government’s positive response and financial instruments to offset the debts owed, please accept the assurances of our highest regards.

Yours faithfully,
Depot and Petroleum Products Marketers Association of Nigeria
(DAPPMAN)

Olufemi A. Adewole
Executive Secretary

cc: The Vice President,
Federal Republic of Nigeria,
Aso Rock Presidential Villa, Abuja.

cc: The President of The Senate,
Federal Republic of Nigeria,
National Assembly Complex,
FCT, Abuja.

cc: The Hon. Speaker,
House of Representatives,
Federal Republic of Nigeria,
National Assembly Complex,
FCT, Abuja.

cc: The Chief of Staff to Mr. President,
Aso Rock Presidential Villa, Abuja.

cc: The Director,
Department of State Services,
Federal Capital Territory, Abuja, FCT

cc: The Hon. Minister of Finance,
Federal Ministry of Finance,
Central Business District,
Herbert Macaulay Way, Abuja, FCT

cc: The Hon. Minister of Labour and Productivity,
Federal Ministry of Labour and Productivity,
Federal Secretariat, Shehu Shagari Way,
Abuja, FCT

cc: Group Managing Director (GMD)
Nigerian National Petroleum Corporation (NNPC)
NNPC Towers
Herbert Macaulay Way,
Central Business District, Abuja

cc: COO (Downstream)
Nigerian National Petroleum Corporation (NNPC)
NNPC Towers
Herbert Macaulay Way,
Central Business District, Abuja

cc: The National President,
Petroleum and Natural Gas Senior Staff Association of Nigeria,
PENGASSAN.
National Secretariat, Lagos.

cc: The National President,
Trade Union Congress,
National Secretariat, Ikorodu Road, Lagos.

cc: The National President,
National Union of Petroleum and Natural Gas Workers,
NUPENG.
National Secretariat, Lagos.

cc: The National President,
National Road Transporters Union,
National Secretariat,
Abuja.