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Thursday, March 28, 2024

Petrol Marketers Threaten To Stop Supply To North-West Over N40 Billion Debt

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The Independent Petroleum Marketers Association of Nigeria, IPMAN, Gusau Depot, has threatened to stop transporting petroleum products within Sokoto, Kebbi, Zamfara, and parts of Katsina state.

The threat came following the Federal Government’s failure to settle its N40 billion outstanding payment to IPMAN members, IPMAN’s Zonal Chairman, Yahya Kamba, said.

According to Mr Kamba, the payment is based on importation and transportation claims of up to 11 months.

He said the Federal Government has reneged on the agreement reached with the association.

“It is not a subsidy,” Mr Kamba said. “It is money that we marketers contributed. We have to pay a certain amount for every litre we purchase from the government. Just for the country to have a uniform pump price.

“We contributed this money just the way pensioners contribute their own. So there is no reason anyone can give us to say they have no money. We are asking for our contribution.

“Our arrangement is for the Ministry to pay us every week; when you transport this product, you are supposed to be paid within a week; but now we are counting months. We have counted up to 11 months. The payment has stopped since June 2021.”

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