Despite Nigeria's oil sector's struggles with an inadequate crude supply to domestic refineries, the Independent Petroleum Producers Group (IPPG) has used the federal government to avoid compelling them to meet this need immediately.
The Independent Petroleum Marketers Association (IPMAN) has issued a stern warning that it will shut down its 30,000 stations nationwide if the Federal Government's outstanding debt of N200 billion isn't settled promptly.
Fuel Scarcity: FG says N74bn Paid to Oil Marketers, Bridge Claims
The Federal Government has revealed that it paid N74bn as bridging claims to oil marketers for the transportation of petroleum products across the country in seven months.
This was disclosed this while reacting to allegations...