The threat comes amid a nationwide scarcity that has seen the prices of petrol surge.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims.
The threat comes following current nationwide scarcity which has seen prices of Premium Motor Spirit (PMS), also known as petrol, surge to between N610 and N800 at the pump, and between N1000 and N1200 at the black market.
The association’s unit chairman and spokesperson, Aba Depot, Mazi Oliver Okolo, who made the threat, said it was with the backing of the IPMAN’s national leadership.
He claimed that the debt is being owed by the Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA).
In a communique released after a press conference on Tuesday, Okolo said NMDPRA failed to pay the ₦200bn debt despite a directive for payment from the Petroleum Minister (Oil) Heineken Lokpobiri.
