An official statement from the Federal Government of Nigeria has been issued to explain the current fuel shortages in the country. According to the government, it identified extremely high levels of methanol in one of its public supplies but claimed that it had been...
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
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
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
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
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...
