The MAN chair said manufacturers were already facing difficulties before the petrol price increase.
Mr Johnson said that the company had failed to execute the contract properly as the state of the refineries were not verified.
The marketers said Nigerians should prepare for the worst fuel crisis if the FG fails to pay them their claims.
Meanwhile, lawmakers urged Mr Buhari to declare a state of emergency in conveying crude oil and mandated the strict monitoring of pipelines.
The 17 subsidiaries of NNPC are to respond to audit queries by the Auditor-General for the Federation over their finances between 2014 and 2019.
A recent report said officials at the state-run NNPC failed to account for crude liftings said to be worth N2 trillion.
“We have only three more days, all airlines in Nigeria will shut down,” the Air Peace CEO said. “We are not threatening this country, it is a fact.”
On Sunday, most filling stations remained shut around the metropolis and the few that were dispensing fuel did so at exorbitant prices.
“We are a law-abiding company. There is no way we could have known about the methanol presence. The only way we could have known about it is if our suppliers…”
Federal lawmakers are investigating public assets recovered by federal agencies between 2002 and 2020.