Petrol Marketers Hint Of Impending Crises In Fuel Supply

Petrol Marketers,

Amidst lingering queues at filling stations in some locations in Abuja yesterday, there are indications that a major fuel scarcity may hit the country soon.

Giving this hint yesterday, the Independent Petroleum Marketers Association of Nigeria, IPMAN, however, maintained that the scarcity could be averted if the government prevails on the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to pay N500 billion bridging claims to its members.

Speaking in Kano, yesterday, the IPMAN chairman, Kano state chapter, Bashir Danmalam, explained that the lack of payment of the claims for the past nine months, has pushed many of its members out of business and affected the industry, due to the high cost of diesel.

He therefore stated: “The resurfacing of fuel queues in Abuja is just a tip of the iceberg with regard to the petroleum scarcity.

“Out of 100 per cent, only five percent of the marketers can supply the petroleum products because of the failure of NMDPRA to pay them.”


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