Northern Nigerian Breaking News

Petrol scarcity imminent over N500b bridging claims- IPMAN warns


The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Monday warned that fuel scarcity is imminent over failure to pay marketers their bridging claims of N500 billion

Solacebase reports that bridging claims is the cost of hauling petroleum products from refineries and depots to fuel stations.

Addressing a news conference in Kano, the state’s chairman of IPMAN, Alhaji Bashir Danmalam, called on the Federal Government to prevail on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to pay its members.

He said the debt had forced many IPMAN members out of business.

“The non-payment of the debt for over eight months has crippled the businesses of many members as they cannot transport available petroleum products.

elsamad new

Read Also:Fuel Scarcity : 6 arrested over price hike in Kano

“The resurfacing of fuel queues in Abuja is just a tip of the iceberg.

“Only 5 per cent of marketers are still in business,’’ Danmalam lamented.

He noted that since the merging of the Department of Petroleum Resources, the Petroleum Equalisation Fund, and the Petroleum Products Pricing Regulatory Agency into the NMDPRA, the agency had paid marketers only twice.

Danmalam called on the Federal Government to intervene before the situation degenerated into a serious fuel crisis spread to other parts of the country.

“We are not agitating for transportation fee increase; we are only clamouring for payment of our bridging claims that is more than N500 billion,’’ he stressed. (NAN)

  1. Clinton Mincer says

    Nice blog here! Also your site loads up very fast! What web host are you using? Can I get your affiliate link to your host? I wish my website loaded up as quickly as yours lol

  2. how to hire a hacker says

    you’re really a good webmaster. The web site loading speed is incredible. It seems that you’re doing any unique trick. Also, The contents are masterwork. you have done a magnificent job on this topic!

  3. zorivare worilon says

    Great write-up, I am normal visitor of one’s web site, maintain up the nice operate, and It is going to be a regular visitor for a lengthy time.

  4. Regards for helping out, excellent information. “Riches cover a multitude of woes.” by Menander.

  5. water blasting concrete says

    Spot on with this write-up, I really suppose this web site needs rather more consideration. I’ll most likely be again to read far more, thanks for that info.

  6. antika eşya alım satım says

    Terrific work! That is the kind of info that should be shared across the net. Shame on the seek engines for now not positioning this publish higher! Come on over and consult with my website . Thanks =)

  7. Fortçuluk videoları izle araması için 448⭐ porno
    filmi listeniyor. Tam vajinasını yalamaya başlamıştım irkilerek ne yapıyorsun dedi, dışarı

  8. Bambi Zepka says

    I have many setting in my previous windows in Mozila Firefox, now I’ve installed an onother version of windows on other hardisk.. What should I copy to have the same settings, history and bookmarks from the earlier one?. Nothing is lost I just have an onother windows in another hard and I want to move the mozile setting from the previous to the current one..

  9. buy prescription drugs illegally Reliable online pharmacy for diabetes medication
    Metformin delivery without prescription Need to get my hands on some Actoplus ASAP

  10. lotrisone sans effets secondaires clotrimazole 20 mg а acheter sans problиme

  11. Excellent pieces. Keep posting such kind of info on your page.

    Im really impressed by it.
    Hey there, You’ve performed an incredible job. I’ll certainly digg
    it and in my opinion suggest to my friends. I’m sure they’ll be benefited from this site.

  12. SgV6kDR says

    Dear immortals, I need some wow gold inspiration to create.

Leave A Reply

Your email address will not be published.