PREMIUM TIMES NG
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down its outlets across the country over non-payment of bridging claims of over N200 billion owed to its members.
The marketers disclosed this in a communique jointly signed by the Chairman of IPMAN Depot Chairmen Forum, Yahaya Alhassan, and Mazi Okolo, Unit Chairman, Aba Depot, on Tuesday.
The threat is coming amid widespread scarcity of petroleum products across the country, a development that has worsened the nation’s cost of living crisis.
PREMIUM TIMES reported how fuel scarcity hit major cities across Nigeria in recent weeks, with attendant effect on businesses and households.
On Tuesday, the marketers’ association said that it is extremely distressed and depressed by the laid-back attitude of the leadership of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) towards the survival of its members businesses.
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