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IPMAN To Shutdown 30,000 Filling Stations Over N200bn Debt

Published

2 years ago

April 30, 2024

Oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, declared that it would shut down the 30,000 stations operated by IPMAN members across the country if the Federal Government fails to pay the N200bn that is being owed marketers.

IPMAN specifically said the Nigerian Midstream and Downstream Petroleum Regulatory Authority, an agency of the Federal Government, had refused to clear the debt, which had continued to accrue since September 2022.

It disclosed this in a communique issued in Abuja by the Chairman of IPMAN Depot Chairmen Forum, Yahaya Alhassan, over the non-payment of marketers’ bridging claims. IPMAN controls over 30,000 filling stations in Nigeria.

Bridging claims are payments made by the government to oil marketers for the transportation of petroleum products loaded from depots to various states across the country.

Alhassan said the consequences of the failure by NMDPRA to pay the N200bn “will be terrible, as every marketer’s outlet across Nigeria, from the North to the South, and from the East to the West, will be shut down.”

He added, “As IPMAN, we have taken every step in the past to salvage this unfortunate and looming situation, which we know will not augur well for Nigerians, but we are presently left with no option than to go all out in the next few days to address this ugly trend in our own way, which will portend great hardship and danger for Nigerians.”

The IPMAN official pointed out that at a stakeholders meeting held on February 20, 2024, with the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and the National Security Adviser, Nuhu Ribadu, the Chief Executive of NMDPRA, Farouk Ahmed, was mandated by Lokpobiri to clear the entire debt in 40 days.

“However, today we have crossed the 40 day time-lapse given to the NMDPRA to clear the debt, and it is shameful to state that only the paltry sum of N13bn has been paid, thus going the whole length to ignore our plight without remorse and without recourse to the minister’s directive.

“Before now, we had taken the honourable path to continually seek an explanation from the NMDPRA on why it has blatantly refused to offset the remaining debt, but we have ceaselessly met brick walls,” Alhassan stated.

He said IPMAN was extremely distressed and depressed by the laidback attitude of the leadership of NMDPRA towards the survival of its members’ businesses, arising from NMDPRA’s deliberate delay and refusal to offset the debt of over N200bn.

“This has consequently led to the deaths of many of our members and the unfortunate collapse of their businesses. It is also disheartening to note that some of our members have completely shut down their businesses and retrenched their employees as we are no longer able to pay salaries.

“As businessmen and women, our members acquired bank loans to keep their fuel retail outlets running on a daily basis across the nooks and crannies of Nigeria, in order to serve the teeming population of Nigerians.

“However, it is demoralising to know that many of our members have gone bankrupt and have become financially insolvent as a result of their inability to meet their financial obligations to their banks, arising wholly from their inability to get their monies from the NMDPRA,” Alhassan stated.

Consequently, according to the IPMAN official, the banks have taken over the business premises of many of our members.

He said, “NMDPRA have illegally taken our monies and this is the highest level of fraud. Sequel to this, we are appealing to Mr President to please intervene in this quagmire that we have been subjected to by the NMDPRA.

“We repeat, if our demands are not met within the shortest period of time, we have already put our members on standby across the nation, as law-abiding citizens, we are collectively prepared to withdraw our services, close every single outlet, and suspend lifting of products forthwith till our demands are fully met.”

When contacted, the NMDPRA said the payment process was ongoing. “Not everyone is paid at the same time, rather the payment process is an ongoing thing,” a spokesperson for the agency, Seiyefa Osanebi stated.

Meanwhile, commenting on the scarcity of fuel across the country, Alhassan said the problem was because the Nigerian National Petroleum Company Limited was not supplying enough petrol to dealers.

“It is expedient for us to state that we are more pained by the non-availability of petroleum products across the country, which has given rise to another round of untold hardship for Nigerians.

“We would like to categorically state that the scarcity of PMS is wholly triggered by the NNPC and not by IPMAN or her members. Contrary to claims that IPMAN members are hoarding PMS products, we make bold to say that NNPC is the sole importer of PMS and therefore the sole cause of the present scarcity in Nigeria,” he stated.

IPMAN also stated that NNPC was supplying petrol to private depots, adding that these depots raise the cost of the commodity to as high as N850/litre, which often leads to higher pump prices nationwide.

NNPC, however, assured Nigerians that the ongoing fuel scarcity and queues would be cleared out by Wednesday, May 1, 2024. Its Chief Communications Officer, Olufemi Soneye, reportedly stated this on Tuesday in Lagos.

He said the company currently has availability of products exceeding 1.5 billion litres, which can last for at least 30 days and blamed problems of logistics for the scarcity of petrol nationwide.

PUNCH

News

Senate Confirms New FCC Chairman, Approves 37 Commissioners

Published

6 hours ago

November 27, 2025

Editor

The Senate on Thursday confirmed Hon. Ayo Omidiran, a former member of the House of Representatives, as the Executive Chairman of the Federal Character Commission (FCC).

At the same time, 37 commissioners representing the 36 states and the Federal Capital Territory (FCT) were approved.

The confirmation followed the adoption of the report by the Senate Committee on Federal Character and Inter-Governmental Affairs, presented by Chairman Senator Allwell Heacho Onyesoh.

He informed the Senate that all nominees had successfully passed thorough screenings, submitted required documents—including Code of Conduct Bureau (CCB) clearances, police reports, DSS vetting, and curriculum vitae—and had no criminal petitions filed against them.

The Senate conducted a state-by-state review in the Committee of the Whole, which was adopted when lawmakers returned to plenary.

Senate President Godswill Akpabio, addressing the chamber after the unanimous confirmation, urged the appointees to serve with dedication and uphold public trust.

“Go and serve in the interest of the nation. I congratulate all the nominees and wish them a successful tenure,” he said.

Notable appointees include Peter Ogbonna Eze (Enugu State) and AbdulWasiu Kayode Bawa-Allah (Lagos State), while Mohammed Musa was retained as Secretary of the Commission.

Other confirmed commissioners are: Obinna Oriaku (Abia); Lawal Ya’u Roni (Jigawa); Abubakar Atiku Bunu (Kebbi); Eludayo Eluyemi (Osun); Bema Olvadi Madayi (Adamawa); Dora Ebong (Akwa Ibom); Nnoli Nkechi Gloria (Anambra); Babangida Adamu Gwana (Bauchi); Sir Tonye Okio (Bayelsa); Aligba Eugene Tarkende (Benue); Engr. Modu Mustapha (Borno); Dr. Stella Odey Ekpo (Cross River); Ederin Lovette Idisi (Delta); Barr. Nwokpor Vincent Nduka (Ebonyi); Hon. Victor Sabor Edoror (Edo); Hon. Sola Fokanle (Ekiti); Ibrahim Baba Mairiga (Gombe); Hon. Jerry Alagbaoso (Imo); Ruth Jumai Ango (Kaduna); Muhammad Awwal Nayya (Kano); Hon. Anas Isah (Katsina); Bello Idris Eneye (Kogi); Dr. Ibrahim Abdullahi (Kwara); Alh. Isah Jibrin (Niger); Comrade Ajimudu Bola (Ondo); Prince Ayodeji Aleshinloye (Oyo); Hon. Pam Bolman (Plateau); Aaron Chukwuemeka (Rivers); Alh. Aminu Tambar (Sokoto); Bobboi Bala Kaigama (Taraba); Hon. Jibir Maigari (Yobe); Sani Garba (Zamfara); and Solomon Ayuba Dagami (FCT).

The Senate expressed confidence that the newly confirmed FCC leadership will enhance the commission’s capacity to promote equitable representation across Nigeria’s public institutions.

News

Tinubu Constitutes Membership For US–Nigeria Security Working Group

Published

6 hours ago

November 27, 2025

Editor

President Bola Tinubu has approved the formation of the Nigerian delegation to the US–Nigeria Joint Working Group, a bilateral initiative aimed at strengthening cooperation on security matters.

The decision follows a recent visit to Washington DC by a high-level Nigerian delegation led by National Security Adviser Nuhu Ribadu. Ribadu will head the multi-agency team, which includes senior officials from key security and foreign policy institutions.

According to a statement signed by the President’s aide, Bayo Onanuga, members of the working group include the Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar; Minister of Defence, Mohammed Badaru Abubakar; Minister of Interior, Olubunmi Tunji-Ojo; Minister of Humanitarian Affairs, Bernard M. Doro; Chief of Defence Staff, Gen. Olufemi Oluyede; Director-General of the National Intelligence Agency, Amb. Mohammed Mohammed; and Inspector General of Police, Mr Kayode Egbetokun.

“Ms Idayat Hassan of the Office of the National Security Adviser and Mr Paul Alabi of the Embassy of Nigeria in the US will serve as the secretariat,” the statement added.

Tinubu urged the team to engage closely with their American counterparts to ensure the implementation of security agreements reached during the visit. The working group is tasked with coordinating bilateral efforts on counter-terrorism, defence cooperation, and regional stability.

The initiative has gained prominence following recent remarks by US leadership. US President Donald Trump designated Nigeria a “Country of Particular Concern” over alleged religious-freedom violations and warned of possible military intervention should attacks on Christians persist, increasing pressure on the Nigerian government to strengthen its security response.

Bilateral cooperation
Recall that last week, a high-level Nigerian delegation led by Ribadu concluded a series of engagements with United States officials aimed at reinforcing bilateral security cooperation.

The discussions, held in Washington DC, involved senior representatives from the US Congress, the White House Faith Office, the State Department, the National Security Council, and the Department of War.

During the meetings, the Nigerian delegation rejected allegations of genocide in the country, emphasising that violent attacks affect communities across religious and ethnic lines.

“Wrongful framing of the situation would only divide Nigerians and distort the realities on the ground,” the delegation stated.

The United States expressed readiness to deepen security support, including enhanced intelligence sharing, expedited processing of defence equipment requests, and the potential provision of excess defence articles, subject to availability, to bolster ongoing counter-terrorism operations. Additional support in the form of humanitarian assistance and technical aid to strengthen early-warning mechanisms was also discussed.

Both nations agreed to implement a non-binding cooperation framework immediately and to establish a Joint Working Group to coordinate efforts across the agreed areas. The Nigerian delegation reaffirmed the government’s commitment to civilian protection measures and the safeguarding of vulnerable communities, particularly in the Middle Belt region.

The Nigerian delegation included Prince Lateef Olasunkanmi Fagbemi, Attorney General of the Federation; General Olufemi Oluyede, Chief of Defence Staff; Lt. Gen. Emmanuel Parker Undiandeye, Chief of Defence Intelligence; Mr Kayode Egbetokun, Inspector General of Police; Ambassador Ibrahim Babani, Director of Foreign Relations at the Office of the National Security Adviser; and Ms Idayat Hassan, Special Adviser to the NSA.

The Federal Government highlighted that the engagements provided an opportunity to correct misconceptions about Nigeria, build trust, and advance a coordinated approach to protecting citizens.

It urged the public to remain assured that coordinated measures are being taken to enhance security nationwide.

News

Edo Assembly Invites Obaseki, Others For Questioning Over MOWAA

Published

9 hours ago

November 27, 2025

Editor

The controversy surrounding the Museum of West African Art (MOWAA) and Radisson Hotel, remains unabated as Edo State House of Assembly Ad-Hoc Committee investigating the matter has invited a former governor of the state, Godwin Obaseki for questioning.

A statement by Secretary of the Ad-hoc Committee, Bekisu Oshone, on Thursday, stated that the former governor and others are expected to appear on December 4, 2025.

Other persons invited by the committee are a former Edo Finance Commissioner, Joseph Eboigbe, former Attorney General of Edo State, Oluwole Osaze-Uzzi, MOWAA’s Director, Philip Iheanacho and Managing Director, Tilbury House Nigeria Limited.

According to her, others invited are Project Manager of Hospitality Investment and Management Company, Pramod Thorat, Managing Director, Afrinvest Capital Limited, Ugochukwu Anigbogu, Managing Director, Meristem Trustees Limited and
Managing Director, Emerging Africa Trustees Limited.

The statement reads: “The Edo State House of Assembly Ad hoc Committee constituted to investigate the Museum of West African Arts and Radisson Hotel invites former Governor Godwin Obaseki and 10 others/organization (listed above) to appear before the committee for public hearing on December 4.”

She said attendance by Obaseki and others was required as part of the committee’s investigation.

The former governor and other invitees are expected to give insights into funding of the Radisson Hotel.

The MOWAA and Radisson Hotel were both conceptualized by Obaseki.

While first phase of the MOWAA has been completed, Radisson Hotel is near completion.

Recall that an exhibition at the museum turned chaotic on November 9 after angry protesters stormed the venue, forcing a high-profile event to shut down abruptly.

The preview opening, described as a private exhibition for investors, artists, and foreign envoys, quickly descended into panic when a mob claiming the museum belonged to the Oba of Benin breached parts of the premises.