FUEL-PUMP (1).jpg
IPMAN highlights a N15 billion debt owed by NNPCL, impacting petroleum supply to marketers. Calls for direct sourcing from Dangote Refinery aim to alleviate pressure amid ongoing fuel shortages across Nigeria.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised alarm over a substantial debt of nearly N15 billion owed to them by the Nigerian National Petroleum Company Limited (NNPCL). In an interview on Channel TV’s Sunrise Daily, IPMAN’s National President, Abubakar Garima, noted that their members have not received any petroleum supplies since the recent hike in pump prices.

Garima explained that the debt has lingered for almost three months, with the funds already in the hands of NNPCL. He criticized the company for failing to deliver the prepaid products, urging them to either sell at the same price they obtained from Dangote Refinery or refund the amounts so that IPMAN members could buy directly.

Despite NNPCL beginning to load Premium Motor Spirit (petrol) from Dangote Refinery, many filling stations across the country remain undersupplied. In response to the ongoing challenges, IPMAN has appealed to the Federal Government for permission to source petroleum products directly, hoping this would relieve some pressure from the sector.

The financial difficulties faced by marketers have raised serious concerns, as they struggle to meet consumer demand amid ongoing delays and operational issues.