The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of an impending nationwide fuel scarcity if the federal government fails to settle its outstanding N100 billion debt.
In a statement issued on Monday, IPMAN accused the government of neglecting its financial obligations to petroleum marketers, a situation that has put severe strain on fuel distribution across the country.
The association has now given authorities a deadline to clear the debt or face widespread supply disruptions.
According to IPMAN, many of its members are struggling to sustain operations due to the mounting debt, which has made it difficult to restock fuel supplies.
The group stressed that without immediate intervention, petrol shortages could hit major cities in the coming days.
“We can no longer continue operating under these harsh conditions. If the government fails to fulfill its obligations, we will have no choice but to halt fuel distribution,” a spokesperson for IPMAN stated.
The looming crisis comes at a time when Nigerians are already grappling with high fuel prices and economic difficulties.
The government has yet to respond to the ultimatum, but industry experts warn that any disruption to fuel supply could worsen inflation and transportation costs nationwide.
As tensions rise, Nigerians may soon face long queues at petrol stations if the issue remains unresolved.
