N500bn Or Fuel Scarcity, IPMAN Threatens Supply Upset Over Bridging Claims

Prepare for worst fuel scarcity ever or prevail on downstream regulator, NMDPRA, to pay us N500 billion incurred on bridging, oil marketers declare   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of the possibility of the worst case of fuel scarcity ever in the country. Platforms Africa reports that IPMAN, which said this, however added that the scarcity can be averted only if the Federal Government prevailed on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to pay N500 billion bridging claims by its members. READ…

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