There are moves to avert crisis in the downstream sector of the petroleum industry as the Independent Petroleum Marketers Association of Nigeria (IPMAN) says the Federal Government has promised to pay the outstanding bridging claims and resolve other issues soon.
This comes a few days after IPMAN had threatened to withdraw its services if the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fails to pay the outstanding N100 billion bridging claims owed marketers.
According to a statement issued by the National Publicity Secretary of IPMAN, Ukadike Chinedu, the association’s National President, Alhaji Abubakar Maigandi, made this known on Thursday, February 27, 2025, in Abuja.