The Independent Petroleum Marketers Association Of Nigeria-IPMAN has issued an ultimatum to the Federal Government demanding the payment of over N100 Billion owed its members in bridging and NTA claims by the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA).
In the meeting led by the chairman IPMAN Depot Chairmen Forum- ALH. YAHAYA ALHASSAN today – Monday, said the nine (9) Northern depots comprising of Jos depot, Gusau depot, Minna depot, Suleja depot, Kaduna Depot, Kano depot, Gombe depot, Yola Depot and Maiduguri depot have become completely grounded over this lingering debt.
He stated that the debt being owed are monies belonging to marketers, which were deducted at the point of payments for products, in order to settle the bridging allowances; chief amongst them being the imposition of a 5% commission accruable to them at the sale of any petrol station outlet in Nigeria.
Alhaji Alhassan further stated that failure of NMDPRA to offset the lingering debt which have caused hardship to owners of fuel station and tanker owners have resulted in loss of lives, livelihood and bank takeover, would end in a nationwide strike which would commence on Tuesday 4th March 2025.
The chairmen speaking to the press said they may be forced to withdraw tankers from loading petroleum products in a view to enforce the immediate payment of bridging and NTA claims while seven (7) working days have been given to the regulatory agency to comply with their demands or face the consequences of a strike action.
The association has therefore appealed to the Federal Government of Nigeria headed by Pres. Bola Ahmed Tinubu to intervene in the prolonged disputes between Depot Chairmen of the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA) to bring an end to the lingering dispute.
