Thursday 14 May 2015

PETROL SCARCITY: IPMAN INSISTS ON BRIDGING CLAIMS PAYMENT

Fuel queueThe Independent Petroleum Marketers Association of Nigeria on Tuesday restated its complaint that the bridging claims by some of its members had yet to be paid by the Petroleum Equalisation Fund, a development it said had contributed to the petrol scarcity being experienced in the country.
The scarcity of the product has yet to abate as queues of desperate motorists continue to grow at the few filling stations selling fuel, with most of them dispensing petrol at between N140 and N200 per litre instead of the regulated price of N87

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