• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, December 5, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

IPMAN threatens to halt operations over N100bn bridging claims

Nathaniel Irobi by Nathaniel Irobi
February 24, 2025
in News
0
0
SHARES
9
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down operations if the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) fails to pay an outstanding N100 billion bridging claims.

The Gombe Depot Chairman of IPMAN, Alhaji Abdul Ibrahim, made the position of the association known at a press conference in Abuja on Monday.

RelatedPosts

EFCC Says N96 Million Returned to Enugu Ponzi Scheme Victims

Katsina Speaker Disburses N106 Million Scholarships to Indigent Students

Customs Seizes Multimillion-naira Petroleum Products in Adamawa

“One year after our last demand requesting the payment of more than N100 billion owed to our members in bridging claims, the management of the NMDPRA has ignored our demand,” he said.

Ibrahim said that members of the Nigerian Association of Road Transport Owners (NARTO) mentioned the same IPMAN bridging claims as part of their demands before the strike action would be called off.

He said that NMDPRA promised to offset the bridging claims within 40 days.

“40 days have today become months with no hope of our payment.

“The nine northern depots comprising of Jos, Gusau,, Suleja, Kaduna, Kano, Gombe, Yola and Maiduguri depots have become completely grounded over this lingering debt.

“This debts being owed to us are monies belonging to marketers and which were deducted from us at the point of payments for products, in order to settle our bridging allowances.

“We have also continued to record deaths of our members, closure of their businesses, retrenchment of staff and the take-over of their business premises by the commercial banks.

ALSO READ:  Plot To Suspend NWC Member: LP Cautions Obi, Otti Other To Disassociate Self

“These are all arising from this refusal of the NMDPRA to pay us our monies,” he said.

Ibrahim said that IPMAN was giving the NMDPRA seven days to make the payment.

“As law-abiding Nigerians, we sincerely believe that we have given the NMDPRA enough time to pay us our monies in bulk and clear the bridging claims.

“But in view of their constant refusal, we have therefore decided to liaise with our sister organisations, the Petroleum Tankers Driver (PTD) and NARTO in order to take a collective action in due course.

“As members of IPMAN, it is important to state that we also own sizeable numbers of the PTD, and we may be forced to withdraw our tankers from loading petroleum products,” he said.

He said that another worrisome development was the alleged NMDPRA’s imposition of several abnormal levies on its members.

“NMDPRA has made things very difficult for us, as they have also subjected our members to paying bizarre levies whenever we deem it fit to renovate our petrol outlets.

“There are many distressing levies they have forced on us that are not only anti-developmental, but also unconstitutional and we are demanding their immediate suspension,’’ he said.

The IPMAN chairman called on President Bola Tinubu to intervene in the prolonged disputes between IPMAN and NMDPRA. (NAN)

Tags: IPMANoperations
Previous Post

Defence tells court to recuse self from Emefiele’s trial

Next Post

Ondo Governor Aiyedatiwa Grants Clemency To 43 Inmates

Nathaniel Irobi

Nathaniel Irobi

Related Posts

EFCC Says N96 Million Returned to Enugu Ponzi Scheme Victims

EFCC Says N96 Million Returned to Enugu Ponzi Scheme Victims

by Nathaniel Irobi
December 5, 2025
0

  The Economic and Financial Crimes Commission says it has handed over N96.5 million to victims of Ponzi schemes in...

Katsina Speaker Disburses N106 Million Scholarships to Indigent Students

Katsina Speaker Disburses N106 Million Scholarships to Indigent Students

by Nathaniel Irobi
December 5, 2025
0

  The speaker of the Katsina State House of Assembly, Nasir Yahya-Daura, has disbursed scholarships worth ₦106 million to some...

Customs Seizes Multimillion-naira Petroleum Products in Adamawa

Customs Seizes Multimillion-naira Petroleum Products in Adamawa

by Nathaniel Irobi
December 5, 2025
0

The Nigeria Customs Service under ‘Operation Whirlwind’ has seized petroleum products worth N181.6 million in eight weeks between the Nigeria...

Next Post
Ondo Governor Aiyedatiwa Grants Clemency To 43 Inmates

Ondo Governor Aiyedatiwa Grants Clemency To 43 Inmates

IPMAN Threatens Strike, Gives NMDPRA 7-Days To Pay N100bn

IPMAN Threatens Strike, Gives NMDPRA 7-Days To Pay N100bn

Recommended

CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

2 days ago
FG Begins Repayment of N185 Billion Gas Legacy Debt

FG Begins Repayment of N185 Billion Gas Legacy Debt

9 hours ago

Popular News

  • Gen. Gora Unveils Campaign Office In Jaba LGA  A Head Of 2027 Elections

    Gen. Gora Unveils Campaign Office In Jaba LGA A Head Of 2027 Elections

    0 shares
    Share 0 Tweet 0
  • Police, Council Accused of Backing Illegal Land Deals

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0
  • TSM Publisher Condoles Mayor Igbokwe Over Mother’s Death

    0 shares
    Share 0 Tweet 0
  • The Holy Robe That Covered Evil

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (801)
  • Education (242)
  • Entertainment (326)
  • Health (217)
  • National (2,784)
  • News (9,213)
  • Opinion (360)
  • Politics (1,817)
  • Science (15)
  • Security (411)
  • Sports (525)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform