Why oil marketers want to shut down filling stations across Nigeria

  • The Independent Petroleum Marketers Association of Nigeria (IPMAN) said that its members will shut down filling stations over N200 billion in debt
  • IPMAN said the debt is bridging claims owed by the Nigerian government for the transportation of petroleum products across the country
  • IPMAN said that the NNPC causes the current petrol scarcity in Nigeria as the sole importer of the product in Nigeria

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) said on Tuesday, April 30, 2024, that it would shut down the 30,000 stations owned by IPMAN members across Nigeria if the Nigerian government fails to pay the N200 billion debt it owes oil dealers.