Fuel Marketers’ Billions of Naira Trapped in PPPRA, DPR, PEF – IPMAN

“Major crisis looms in Nigeria’s fuel market, requires urgent reconciliation of the huge sums of money trapped in scrapped agencies”   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has cried out, alleging that funds of its members are trapped in the recently-scrapped agencies in the Ministry of Petroleum Resources. Platforms  Africa reports that IPMAN made this known in a statement signed by its National President, Mr Chinedu Okoronkwo, on Thursday in Lagos. The scrapped agencies are: the Department of Petroleum Resources (DPR), Petroleum Equalization Fund Management Board (PEFMB), and…

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