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  • Oil & Gas - News
  • Updated: May 18, 2022

IPMAN Urges FG To Pay N40 Billion Owed For Fuel Haulage

IPMAN Urges FG To Pay N40 Billion Owed For Fuel Haulage

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday in Sokoto called on the Federal Government to settle the N40 billion debt it owed the association.

The debt arose from the haulage of petroleum products to Sokoto, Kebbi, Zamfara and parts of Katsina states by its members.

Alhaji Surajo Yahaya-Kamba, IPMAN Branch Chairman at Gusau Depot, who supervises operations in the states, made the call at the end of a meeting of members.

He said the agreement signed between the association and the Federal Government was for the latter to pay fuel haulage claims weekly.

“It has been 11 months now that the Federal Government has not paid our members. This money is not a subsidy claim.

“It is the cost of our individual contributions to fuel distribution based on the agreement entered with the government.

“The marketers contribute a certain percentage and the importers also made their own contribution to the haulage charges; we wonder why the government will not pay our money,’’ he said.

Yahaya-Kamba noted that many haulage firms would soon go out of business if payment of the debts lingered further.

The meeting was attended by IPMAN members and members of the National Association of Road Transport Owners from the four states. 

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