IPMAN Southeast Calls Out FG Over N20 Billion Debt

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CEM REPORT | The Independent Petroleum Marketers Association of Nigeria (IPMAN) in the Southeast region has called out the Federal Government to pay its transportation claims of about N20 billion.

IPMAN Chairman, Enugu Depot, Chinedu Anyaso, in an interview with the News Agency of Nigeria (NAN), appealed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), to process and pay verified claims of marketers to enable them to remain in business.

The Chairman whose deport is in charge of Anambra, Ebonyi and Enugu, added that majority of the markers have already defaulted on loan arrangements with the banks while accumulating more claims to procure products.

“Marketers in the zone are suffering because of the huge transport claims that have not been attended to by NMDPRA for years now.

“We rely on depots outside the zone for products and it is the transport differential that makes us sell at regular prices but the Federal Government is not paying us.

“At the moment, my members in Southeast are being owed between N15 billion and N20 billion claims.

“We are calling on the Federal Government to pay us so that we can service our loans and remain in business.”

He further called the attention of the management of the new Nigerian National Petroleum Corporation Limited on the Emene Depot in Enugu advising the management to revitalise the deport amongst others in the Southeast to enhance distribution in the zone.

Recall a CEM report where Independent Petroleum Marketers Association Nigeria (IPMAN), Suleja Branch, cried out over non-payment of bridging claims.

The Federal Government replied stating that it has paid the sum of N74 billion as claims to oil marketers which the marketers denied.

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