MetroBusinessNews

Marketers Threaten To Stop Lifting Fuel From North-West States Over N40bn Debt





 

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.

The payment is based on importation and transportation claims of up to 11 months.

The marketers say the Federal Government has reneged on the agreement reached with the association.
ALSO READ:Access Corp Gets Regulatory Approval To Acquire Majority Stake In First Guarantee Pension
Speaking with reporters in Sokoto, the IPMAN’s Zonal Chairman, Yahya Kamba, said the N40 billion is not a subsidy payment.
Exit mobile version