Friday, May 22, 2026
  • About Us
  • Advertise With Us
  • Contact Us
  • Privacy Policy
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-COPY
No Result
View All Result
Salient Times Online
  • Home
  • News
  • Business
  • Politics
  • Education
  • Entertainment
  • Metro
  • Health
  • E-COPY
No Result
View All Result
Salient Times Online
No Result
View All Result
Home Business

Resolution coming – IPMAN gives update on planned nationwide shutdown over N100bn bridging claim

Salient Times Online by Salient Times Online
February 28, 2025
in Business
0
Resolution coming – IPMAN gives update on planned nationwide shutdown over N100bn bridging claim
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has asked its members not to proceed with the proposed nationwide shutdown over the unpaid N100 billion bridging claim by the Nigerian government.

You might also like

Lokpobiri Urges Oil And Gas Operators To Accelerate Short Term Production Giants Amid Global Supply Opportunity

Sachet water producers suspend production in Imo over rising costs

Nigerian, UK businesses scale up investments as President Tinubu visits London

This comes as IPMAN stated that it is engaging with the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to resolve outstanding bridging claims.

IPMAN’s spokesperson, Chinedu Ukadike, disclosed this in a statement on Thursday.

According to him, there are assurances from NMDPRA and the Federal Ministry of Petroleum Resources that payments will be cleared soon.

ADVERTISEMENT

He said, “I have been directed to address the concerns regarding the outstanding bridging claims backlog that many of our members are currently experiencing. Please be assured that the National Executive Committee, NEC, of IPMAN, ably led by Alhaji Abubakar Shettima Maigandi, is actively engaged in resolving these issues as swiftly as possible.

“We have been in communication with the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and the Federal Ministry of Petroleum Resources. They have expressed their commitment to addressing these pending claims and other issues.

“They equally assured us that payment will take place within a short period.”

Recall that on Monday, IPMAN had issued a seven-day ultimatum to shut down operations over the unpaid bridging claim amounting to N100 billion.

Tags: IPMAN
Previous Post

Cultists stone rival member to death in Bayelsa

Next Post

Labour battles FG as salary shortfalls persist for workers

Salient Times Online

Salient Times Online

Related Posts

Lokpobiri Urges Oil And Gas Operators To Accelerate Short Term Production Giants Amid Global Supply Opportunity
Business

Lokpobiri Urges Oil And Gas Operators To Accelerate Short Term Production Giants Amid Global Supply Opportunity

by Salient Times Online
March 19, 2026
Sachet water producers suspend production in Imo over rising costs
Business

Sachet water producers suspend production in Imo over rising costs

by Salient Times Online
March 19, 2026
Tinubu directs service chiefs to relocate to Maiduguri
Business

Nigerian, UK businesses scale up investments as President Tinubu visits London

by Salient Times Online
March 17, 2026
FG Won’t Surrender Aviation Sector to Foreign Interests — Keyamo
Business

FG Won’t Surrender Aviation Sector to Foreign Interests — Keyamo

by Salient Times Online
March 17, 2026
Nigerian artists generate N60bn on Spotify in 2025
Business

Nigerian artists generate N60bn on Spotify in 2025

by Salient Times Online
March 17, 2026
Next Post
Hardship: Most governors permanently reside in Abuja, NLC laments

Labour battles FG as salary shortfalls persist for workers

ADVERTISEMENT
Salient Times Online

Salient Times Newspaper is a product of a dedicated Journalist and a public analyst.

Categories

  • Business
  • Celebrity Gist
  • Crime
  • Culture
  • Education
  • Entertainment
  • Fashion
  • Features
  • Food
  • Gist
  • Health
  • ICT
  • International
  • Interview
  • Lifestyle
  • Metro
  • National
  • News
  • Obituary
  • Opinion
  • Politics
  • Religion
  • Sponsored
  • Sports
  • Travel
  • World

Recent News

Amotekun Corps Declare Ogun Woman Wanted for Allegedly Jumping Bail

Amotekun Corps Declare Ogun Woman Wanted for Allegedly Jumping Bail

March 31, 2026
The Business Of Bombs :War, Wealth, and the World’s Most Profitable Industry   

The Business Of Bombs :War, Wealth, and the World’s Most Profitable Industry  

March 30, 2026

© 2023 Salient Times Online. All Right Reserved

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Opinion
  • Culture
  • Entertainment
  • Lifestyle
  • About Us
  • Contact Us
  • Advertise With Us

© 2023 Salient Times Online. All Right Reserved