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Home»Oil & Gas

IPMAN Threatens Fuel Supply Disruption Over N200 Billion Debt

Editor FrancisBy Editor FrancisApril 30, 2024 Oil & Gas No Comments1 Min Read
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Amid escalating fuel scarcity nationwide, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a stern warning, threatening to disrupt the supply of Premium Motor Spirit (PMS), commonly known as petrol

The reason behind this drastic move? Alleged non-payment of bridging claims totaling N200 billion.

According to reports from Channels TV, Mazi Oliver Okolo, the Unit Chairman and spokesperson for IPMAN’s Aba Depot, asserted that this threat carries the full weight of the association’s national leadership. Okolo pointed fingers at the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA), alleging that the staggering debt remains unsettled.

Stay tuned for further updates on this developing situation…





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