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Non Payment Of 10 Months Bridging Arrears Hindering Supply – IPMAN

Non Payment Of 10 Months Bridging Arrears Hindering Supply - IPMAN     Outstanding arrears for bridging owed petrol marketers for fuel by Federal Government’s debts to petroleum products marketers in respect of bridging cost for premium motor spirit (PMS) is now in excess of 10 months. Owing...

We Have Over 1.7bn Litres Of Petrol – NNPC

We Have Over 1.7bn Litres Of Petrol - NNPC   The Nigeria National Petroleum Corporation (NNPC) Limited yesterday advised consumers not to engage in panic buying of Premium Motor Spirit (PMS) as it has over 1.7 billion litres of the product. Its Group General Manager, Group Public...

IPMAN Shuts Down In Yobe, Borno Over Unpaid N6bn Claims

IPMAN Shuts Down In Yobe, Borno Over Unpaid N6bn Claims     The Yobe and Borno States’ chapters of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have decried the non-payment of N6 billion bridging claims allegedly owed by the Federal Government in the nine months. The Petroleum...

Fuel Scarcity Looms As IPMAN Accuses Depot Owners Of Price Hike

Fuel Scarcity Looms As IPMAN Accuses Depot Owners Of Price Hike   There are concerns of looming fuel scarcity as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised the alarm over the hike in the wholesale price of Premium Motor Spirit (PMS) or petrol...

IPMAN To Present Over N50bn Claim To Downstream Authority

IPMAN To Present Over N50bn Claim To Downstream Authority   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it would present its outstanding claims of over N50 million to the Midstream and Downstream Regulatory Authority’s management. It's National Vice President, Alhaji Abubakar Maigandi, said IPMAN...

IPMAN Raises The Alarm Over Members’ Fund Trapped In DPR, Others

IPMAN Raises The Alarm Over Members’ Fund Trapped In DPR, Others   The Independent Petroleum Marketers Association of Nigeria, on Friday, said it had engaged forensic experts to recover the funds of its members trapped in the now-defunct Department of Petroleum Resources, Petroleum Equalisation Fund Management...