The National President, Independent Petroleum Marketers Association of Nigeria (IPMAN) Abubakar Garima, has disclosed that the Nigerian National Petroleum Company Limited (NNPCL) is owing petroleum marketers about N15billion.

Garima stated this on Thursday when he appeared on Channel TV’s Sunrise Daily.

According to him, its members have yet to load a single truck since the NNPCL increased its pump price.

Responding to a question about how much NNPCL is owing its members, he said, “Roughly, it is almost getting to N15bn. Our money is already with the NNPCL. It has refused to give us the product we paid for and is asking us to complete the 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.”

It is important to note that after one week that the NNPCL commenced loading apetrol, at the Dangote Refinery, most filling stations across the country are yet to get the product.