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Reading: BREAKING : Tank Farm Owners Suspend Loading Of Petroleum Products Over N1 Per Litre Controversy
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Apex News > Business > Oil & Gas > BREAKING : Tank Farm Owners Suspend Loading Of Petroleum Products Over N1 Per Litre Controversy
Oil & Gas

BREAKING : Tank Farm Owners Suspend Loading Of Petroleum Products Over N1 Per Litre Controversy

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Last updated: 2022/08/12 at 12:55 AM
3 years ago 2 Min Read
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Tank farm operators within Ijegu-Egba axis of Lagos State has shutdown loading of petroleum products, directing all tank farm owners to halt operations over the N1 per liter charge demanded by Petroleum Tanker Drivers (PTD).

 

Secretary of the tank farm operators, Eshiet E. Eshiet in a statement on Wednesday, explained that the  proactive step  was sequel to a meeting of major marketers and their resolutions that operators will not pay the N1 per liter charge demanded by PTD, taking into consideration the present economic conditions.

 

The Secretary maintained that tank farm operators will continue to work assiduously to protect its members in  collective businesses and not otherwise”.

 

He advised all depots to shut down operations and not load any products until the lingering controversy is resolved.

 

Eshiet called on all tank farm operators to  direct their Depot Managers to shut down operations from today Wednesday, 6th July 2022 as a proactive action.

 

The statement added: “URGENT ADVISORY TO SHUT DOWN LOADING OF PRODUCTS

“Dear Owners/CEOs,Following meeting of major marketers and their resolutions that marketers will not pay the N1 per liter charge demanded by PTD, taking into consideration the present economic conditions;

 

“And considering the fact that PTD is adamant, and insists on collecting N1 per liter of product;

 

“I have been directed to advise all depots to shut down operations and not load any products until the lingering controversy is resolved.

 

“All Owners/CEOs should please direct their Depot Managers to shut down operations from today Wednesday, 6th July 2022 as a proactive action.

 

“All Owners/CEOs are also urged to kindly attend our Zoom Meeting today, Wednesday, July 6, 2022 by 12 noon to articulate our common positions accordingly.

 

“Furthermore, the earlier memo that directed taking stock of products is hereby withdrawn forthwith.

 

“We shall continue to work assiduously to protect our members collective businesses and not otherwise”.

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Admin August 12, 2022
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