Oil marketers blame NNPC, threaten to shut outlets over N200b debt

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IPMAN,NMDPRA,Oil Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down all their marketing outlets nationwide over more than N200 billion in debts owed to them by the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) from 2022.

The Independent Petroleum Marketers Association of Nigeria has threatened to shut down all their marketing outlets nationwide over more than N200 billion in debts owed to them by the Nigerian Midstream Downstream Petroleum Regulatory Authority from 2022.

The unit Chairman, Aba Depot, Oliver Okolo, who is also the spokesperson of the forum, while reading the communiqué during a press briefing, yesterday, in Abuja, expressed dismay over the laid-back attitude of the leadership of NMDPRA towards the survival of their members’ businesses. They regretted that as indigenous business owners, rather than receiving government support to boost their businesses, they are being discouraged by the head of NMDPRA, saying that their efforts to get NMDPRA to explain the reason for the delay in payment have always been abortive.

Speaking on the current fuel scarcity, the marketers alleged that it was triggered by the Nigeria National Petroleum Company Limited , as against claims that fuel marketers are hoarding the products.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Attempt by terrorists to attack the headquarters of Danmusa Local Council of Katsina State was repelled by security operatives, yesterday. Economic and Financial Crimes Commission has said it would on May 15 arraign former Governor of the Central Bank of Nigeria, , Godwin Emefiele, in a Federal Capital Territory High Court on a three-count amended charge.

 

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