The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked Nigerians to prepare for the worst fuel crisis unless the Federal Government prevail 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 remark while addressing a news conference in Kano on Monday.
He said the failure of the NMDPRA to pay the bridging claims otherwise known as Transportation claim, had forced many of its members out of business as they couldn’t 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 is available.