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Business

IPMAN- FG To Pay Bridging Claims Soon

Deji Ogunsola
Last updated: February 27, 2025 9:37 pm
By Deji Ogunsola - Journalist
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The National President, Independent Petroleum Marketers Association of Nigeria, IPMAN, Abubakar Maigandi says the Federal Government has promised to pay the outstanding bridging claims and resolve other issues soon.

Maigandi said this in a statement issued by IPMAN National Publicity Secretary,   Ukadike Chinedu, in Abuja.

9News Nigeria reports that the Chairman, IPMAN Depot Chairmen Forum, Yahaya Alhassan, had on Monday issued a seven-day ultimatum to the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to pay up more than 100 billion Naira debt.

According to him, failure to settle the outstanding claims will result to the shutdown of depots and the withdrawal of services.

Reacting to the ultimatum, the national president said that NMDPRA had expressed their commitment to addressing the pending claims and other issues.

The Association therefore implored all members to remain calm and patient as it work towards securing the necessary approvals and payments, stressing the importance of their understanding during the waiting process.

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IPMAN further encourage its members to refrain from any actions that may disrupt collective efforts, stating that the upcoming official meeting with NMDPRA will be a critical opportunity to discuss further on all internal issues.

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ByDeji Ogunsola
Journalist
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Deji Ogunsola is a 9News Nigeria news reporter in Lagos State.
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