Categories: BusinessHeadlines

Marketers Threaten To Halt Fuel Supply In North-West States Over N40bn Debt

A file photo of an attendant filling the fuel tank of a car.

 

The Independent Petroleum Marketers Association of Nigeria, Gusau Depot, has threatened to stop transporting petroleum products within Sokoto, Kebbi, Zamfara and parts of Katsina state.

The threat came following the Federal Government’s failure to settle its N40bn outstanding payment to IPMAN members, IPMAN’s Zonal Chairman, Yahya Kamba, said.

According to Mr Kamba, the payment is based on importation and transportation claims of up to 11 months.

 READ ALSO: Govt Can’t Do Everything, Private Sector Can Do Better, Says Prof Ife

He said the Federal Government has reneged on the agreement reached with the association.

“It is not a subsidy,” Mr Kamba said. “It is money that we marketers contributed. We have to pay a certain amount for every litre we purchase from the government. Just for the country to have a uniform pump price.

“We contributed this money just the way pensioners contribute their own. So there is no reason anyone can give us to say they have no money. We are asking for our contribution.

“Our arrangement is for the Ministry to pay us every week; when you transport this product, you are supposed to be paid within a week; but now we are counting months. We have counted up to 11 months. The payment has stopped since June 2021.”

Solomon Elusoji

Disqus Comments Loading...
Share
Published by
Solomon Elusoji

Recent Posts

Martinez, Lindelof Deal Man Utd Fresh Injury Blow

A series of injuries have decimated Argentine World Cup winner Martinez's season.

1 hour ago

West Ham Dent Tottenham’s Top Four Hopes, Everton Hit Back At Newcastle

Spurs have made a habit of recovering from slow starts to win in recent months,…

1 hour ago

FIRS Apologises To CAN, Christians Over Easter Message

In its Easter message, FIRS had shared a flier showing a Point of Sales (PoS)…

2 hours ago

Korda Tries To Stretch Streak At Revamped LPGA Match Play

A field of 96 players will compete at Shadow Creek in Las Vegas as the…

3 hours ago

Police Still Searching For Officers Missing In Delta, Says Force Spokesman

Six police officers were gruesomely murdered in Ohoro Forest, Ughelli North Local Government Area of Delta…

3 hours ago

Senegalese President: Nigerian Youths Only Interested In Being PAs – Sowore

The presidential candidate of the African Action Congress (AAC) Omoyele Sowore has faulted the attitude…

4 hours ago