The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Debo Ahmed, said the Nigerian National Petroleum Company (NNPC) Limited has failed to fulfil demands for payment made to receive Premium Motor Spirit (PMS).
IPMAN said NNPC doesn’t have PMS, also known as petrol, to supply oil marketers, as a result, the country is experiencing fuel scarcity, he revealed in a report by The Nation on Monday.
According to Ahmed, NNPC has received cash payments from IPMAN members for loading tickets, but NNPC is unable to provide the products as demanded by oil marketers.