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IPMAN Warns Petrol Queue Will Spread, if 500 Billion Claims Not Settled

Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned that the ongoing petrol queue at Abuja filling stations would worsen.

The association says the resurfacing of the queue is just a tip of the iceberg.

Kano state IPMAN chairman, Alhaji Bashir Dan Mallam addressing a news conference in Kano on Monday, said the supply situation would spread, unless federal government settle the arrears of petroleum equalization fund to marketers.

RELATED: Queue Resurfaces in Abuja Filling Stations

The IPMAN chairman who puts the  arrears of the equalization fund at 500 billion naira, says that only five percent of their members are still lifting and distributing petrol.

According to him, the unpaid nine month arrears of the fund had crippled the capacity of independent marketers to remain in business.

Meanwhile, the petrol queue which was first noticed at Abuja filling stations last week got longer on Monday.

The petrol queue as at Monday had also spread to Lokoja, the Kogi state capital and other parts of the state.

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