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Petrol scarcity: IPMAN insists on bridging claims payment

13 May 2015, 15:17

Abuja - The Independent Petroleum Marketers Association of Nigeria has restated its complaint that the bridging claims by some of its members had yet to be paid by the Petroleum Equalisation Fund, Punch reports.

A development it said had contributed to the current petrol scarcity experienced in the country.

The immediate past Executive Secretary of the Petroleum Equalisation Fund Management Board, Sharon Kasali, had on Monday said marketers who complained of not receiving their bridging claims were mostly those involved in fraudulent activities.

Also read: Abuja sees illegal fuel market flourish amid scarcity

However, the National President, IPMAN, Chinedu Okoronkwo, said that members of the association were still complaining of being owed by PEF.

The scarcity of the product has yet to abate as queues continue to grow at the few filling stations selling fuel, with most of them dispensing petrol at between N140 and N200 per litre instead of the regulated price of N87.

Read more at Punch

- News 24


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