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NNPCL Owes Over N15bn: IPMAN Raises Alarm Over Unpaid Debts
The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Garima, revealed that the Nigerian National Petroleum Company Limited (NNPCL) is indebted to petroleum marketers for nearly N15 billion.
Garima made this statement on Thursday during his appearance on Channel TV’s Sunrise Daily.
He explained that since the NNPCL raised its pump price, none of its members have been able to load any trucks.
When asked about the amount the NNPCL owes, he responded, “Roughly, it is almost getting to N15bn. We’ve already paid the NNPCL, but they’ve refused to supply the product and are now asking us to cover the price difference.
“Our money has been with the NNPCL for almost three months now. Either they sell for us at the same rate they are getting the product from Dangote Refinery or refund us so we can buy directly from Dangote Refinery.”