Petrol marketers said late on Thursday that the federal government’s claim of an agreement on subsidy debt was false.
Thursday’s meeting between the marketers and the government delegation was to resolve the alleged N800 billion debt government owes the marketers as petrol subsidy.
Some of the marketers last weekend issued a seven-day ultimatum to the government to pay the debt or they would shut their operations.
On Thursday evening, a finance ministry statement announced that government had reached an agreement with the aggrieved oil marketers.
But, marketers who attended the meeting countered shortly after, saying at the time the ministry’s statement was issued, the meeting was still ongoing, without any conclusions yet.


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