{"id":106347,"date":"2021-11-12T14:27:59","date_gmt":"2021-11-12T13:27:59","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=106347"},"modified":"2021-11-12T14:27:59","modified_gmt":"2021-11-12T13:27:59","slug":"ipman-addresses-fears-of-fuel-scarcity","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/12\/ipman-addresses-fears-of-fuel-scarcity\/","title":{"rendered":"IPMAN addresses fears of fuel scarcity"},"content":{"rendered":"<p>The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of the availability of petroleum products, allaying fears of possible scarcity in some parts of the country.<\/p>\n<p>IPMAN\u2019s President, Mr Chinedu Okoronkwo, gave the assurance during an interview with the News Agency of Nigeria (NAN) on Friday in Lagos.<\/p>\n<p>Okoronkwo confirmed that the marketers have resolved the problem of non-payment for bridging by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).<\/p>\n<p>\u201cWe met with Mr Farouk Ahmed, Chief Executive Officer, NMDPRA and resolved the issue.<\/p>\n<p>\u201cWhat happened earlier was that marketers were afraid of bridging; which is <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/11\/09\/fuel-scarcity-hits-zamfara\/\">transporting petrol<\/a> from the depot to another depot that is experiencing supply shortfall due to distance.<\/p>\n<p>\u201cThey were not sure of getting bridging payments especially with the scrapping of the Petroleum Equalisation Fund,\u201d he said.<\/p>\n<p>He mentioned that marketers have now agreed to resume their normal operations following the assurance by the NMDPRA, so there will not be an issue of scarcity in any part of the country.<\/p>\n<p>\u201cNow that the authority has allayed fears that the government will pay marketers for bridging, pending full deregulation, normal operations will resume,\u201d Okoronkwo said.<\/p>\n<p>He added that it was also decided at the meeting that those areas that do not require bridging should no longer be included in the payments.<\/p>\n<p>\u201cSo for instance if you\u2019re <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/04\/13\/why-fg-alone-cant-crash-cooking-gas-price-marketers\/\">supplying<\/a> products in Lagos and Port Harcourt that do not require bridging, then there is no need for any payment in that area.<\/p>\n<p>\u201cThat was the outcome of the meeting and we all agreed to the resolutions to ensure smooth distribution of petroleum products ahead of the yuletide,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Independent Petroleum Marketers Association of Nigeria (IPMAN) has assured Nigerians of the availability of petroleum products, allaying fears of possible scarcity in some parts of the country. IPMAN\u2019s President, Mr Chinedu Okoronkwo, gave the assurance during an interview with the News Agency of Nigeria (NAN) on Friday in Lagos. Okoronkwo confirmed that the marketers [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":75952,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[22234,14739,260,12008,12030,22235],"class_list":["post-106347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-addresses","tag-fears","tag-fuel","tag-fuel-scarcity","tag-ipman","tag-scarcity"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IPMAN addresses fears of fuel scarcity<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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