IPMAN ASSURES NIGERIANS OF SUFFICIENT SUPPLY OF FUEL FOR FESTIVE SEASON
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said they have enough fuel to last during the holiday season, so there won’t be long lines for gas.
At a press meeting held at its national office in Abuja, Abubakar Shettima, the president of IPMAN, called for immediate action from the new leaders of the Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority.
He specifically called on the agencies to ensure the immediate payment of long-outstanding bridging claims owed to IPMAN members, which total over ₦190 billion.
Shettima said the new leaders of the NMDPRA should focus on paying off this debt. He warned that if they don’t act quickly, it might cause problems with getting enough petroleum products in the future.
Also, IPMAN backed the push to increase local production, not just from the Dangote Group but also from other refinery companies.
The association said that more local production would mean less need for members to get foreign currency, and it would help Nigerians have cheaper fuel prices.
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