The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to embark on a nationwide strike over the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) non-payment of bridging claims totalling N100 billion. Bridging claims entails the cost of transporting petrol from depots to approved zones to ensure a uniform pump price across the country. In May 2022, IPMAN accused the NMDPRA of owing its members over N500 billion in bridging claims. Four months later, NMDPRA said it was making efforts to pay up the claims However, the matter remained…
Read More