The Independent Petroleum Marketers Association of Nigeria
(IPMAN) has assured Nigerians of the availability of petroleum products,
allaying fears of possible scarcity in some parts of the country.
IPMAN’s President, Mr Chinedu Okoronkwo, gave the assurance
during an interview with the News Agency of Nigeria (NAN) on Friday in Lagos.
Okoronkwo confirmed that the marketers have resolved the
problem of non-payment for bridging by the Nigerian Midstream and Downstream
Petroleum Regulatory Authority (NMDPRA).
“We met with Mr Farouk Ahmed, Chief Executive Officer,
NMDPRA and resolved the issue.
“What happened earlier was that marketers were afraid of
bridging; which is transporting petrol from the depot to another depot that is
experiencing supply shortfall due to distance.
“They were not sure of getting bridging payments especially
with the scrapping of the Petroleum Equalisation Fund,” he said.
He mentioned that marketers have now agreed to resume their
normal operations following the assurance by the NMDPRA, so there will not be
an issue of scarcity in any part of the country.
“Now that the authority has allayed fears that the
government will pay marketers for bridging, pending full deregulation, normal
operations will resume,” Okoronkwo said.
He added that it was also decided at the meeting that those
areas that do not require bridging should no longer be included in the
payments.
“So for instance if you’re supplying products in Lagos and
Port Harcourt that do not require bridging, then there is no need for any
payment in that area.
“That was the outcome of the meeting and we all agreed to
the resolutions to ensure smooth distribution of petroleum products ahead of
the yuletide,” he said.
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