The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked Nigerians to prepare for the worst fuel crisis unless the Federal Government prevails on the Nigerian Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA) to pay its members their outstanding bridging claims amounting to over N500 billion.
The IPMAN chairman in Kano state, Bashir Danmalam made the disclosure while addressing newsmen in Kano on Monday.
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He said the failure of the NMDPRA to pay the bridging claims (Transportation claim) had forced many of its members out of business as they could not transport the commodity due to high cost of diesel.
He lamented that non-payment of the claims by the Agency (NMDPRA) for over eight months had crippled the business of many of their members as they couldn’t not transport the commodity even though it was available.
“NMDPRA is responsible for the payment of bridging claims otherwise known as transportation claims
“Failure of the NMDPRA to pay the outstanding claims for about nine months, many marketers cannot transport the product because their funds are not being paid. Despite the high price of diesel, they manage to supply the petroleum products nationwide.
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“The resurfacing of fuel queues in Abuja is just a tip of the iceberg with regard to the petroleum scarcity.
“Out of 100 percent, only five percent of the marketers can supply the petroleum products because of the failure of NMDPRA to pay them.
He noted that since after the amalgamation of DPR, PEF and PPRA into NMDPRA, the agency had paid them only two times.
Danmalam, therefore, called on the federal government to intervene before the situation degenerated into a serious fuel crisis and spread to other parts of the country.
“As leaders, we have to come out to say the truth because our members are suffering from the failure of the agency to pay the fund. This Petroleum Equalisation Fund is our own money we contribute to each litre.This Agency is doing more harm than good to us,” Danmalam said.
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He said Nigerians should not blame their members for the fuel scarcity but rather should blame NMDPRA.
“We are not agitating for a transportation fee increase, we are only clamouring for payment of our bridging claims that is over N500 billion,” he added.
