Petrol queues at gas stations often return during industrial disputes (Guardian ) Nigerians should brace up for another period of petrol scarcity, unless a resolution arrives soon enough. And no, this is not even one of those rumours generated at beer parlours. Oil marketers have issued a seven-day ultimatum to the federal government, stating that they will embark on a strike and shut down all depots across the country if their outstanding debts totalling N800 billion in subsidies, are not paid them. The marketers comprise Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (IPPIs). Patrick Etim, legal adviser to IPPI, says banks have taken over investments and assets of oil marketers over unpaid debts. Oil workers about to down tools According to Etim, marketers have been left with no choice but to ask employees to down tools over […]