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Oil Marketers Move to Shut Down 30,000 Filling Stations Over N200 Billion Debt, 300m Litres Arrive

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Specifically, IPMAN said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has refused to clear the debt, which has continued accumulating since 2022.
The association disclosed in a communique issued in Abuja by the IPMAN Depot Chairmen Forum, Yahaya Alhassan, over the non-payment of marketers’ bridging claims.
IPMAN members control over 30,000 filling stations spread across Nigeria.

Bridging claims are payments made by the government to oil firms to transport petroleum products loaded from depots to various states in the country.

Alhassan said the consequences of NMDPRA’s failure to clear the debt would be terrible, as every filling station owned by IPMAN members would be shut down.

It was reported that the official stated that a stakeholders meeting convened on recently with the Minister of Stae for Petroleum Resources (Oil), Heineken Lokpobiri, and the National Security Adviser, Nuhu Ribadu, the Chief Executive of NMDPRA, Farouk Ahmed, was asked by the Lokpobiri to clear the entire debt in 40 days.

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