The Independent Petroleum Marketers Association of Nigeria on Thursday met with the management of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NPRA) in a bid to seek for the release of monies being owed its members.
IPMAN had in recent times moaned the debt its members had accrued in the discharge of its legitimate duties across Nigeria. They had also feared that these monies might never be paid to its members after Pres. Muhammadu Buhari signed the PIB. However, they seem to be have breath an air of hope and assurance after their recent visit to NPRA.
During the meeting which held at the National Headquarters of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, the Chief Executive Officer of the NPRA assured IPMAN that their payments are being processed and the board of the NPRA is doing all within its jurisdiction and power to ensure that the marketers are paid.
He sounded confident that their payments will be done as soon as possible. The First Vice President of IPMAN, Alh. Abubakar Maigandi (Jakadan Gwandu), who was at the meeting with the NPRA told reporters of IPMAN’s readiness to work closely with the Farouk Ahmed, led board of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NPRA). He assured Nigerians that IPMAN was ready to make petroleum products available Nationwide.
He also expressed delight at the assurances from Farouk Ahmed that they would sooner no longer being owed again. Farouk Ahmed also pleaded with members of IPMAN to go about their responsibilities of moving petroleum products across Nigeria. Both parties resolved to support the Pres. Muhammadu Buhari’s agenda in making Nigeria’s Oil and Gas industry a profitable and stable sector for investors and for the consumers.
President Muhammadu Buhari had earlier in September appointed Farouk Ahmed as the Chief Executive Officer of the board of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NPRA).
