IPMAN Urges Governor Soludo to Settle Outstanding N900 Million Debt for Diesel Supply

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on Governor Chukwuma Soludo of Anambra State to settle a debt of N900,664,805.00 owed to its members for the supply of Automotive Gas Oil (diesel) used to power streetlights in the state. The call was made in a reminder letter addressed to Governor Soludo by Chinedu Anyaso and Mr. Emeka Iloafor, Chairman and Secretary of IPMAN Enugu Depot Community.

In the letter titled “Re; Request For Debt Payment of N900,664,805.00 Owed Our Members For Diesel Supplied And Services Rendered In Respect Of Street Lights,” the marketers expressed concern that despite complying with the government’s directive to return generators as a condition for payment, the government had not fulfilled its promise. This delay, according to IPMAN, has placed its members under significant financial strain, leading to debt accumulation and staff layoffs.

IPMAN emphasized the urgency of the situation, stating that its members were facing mounting pressure from banks and individuals to repay their debts. They called on Governor Soludo to intervene and expedite the payment process to alleviate the financial burden on its members.

The association also highlighted its previous efforts to address the issue, including the payment of debts to contractors involved in the streetlight project before the government transitioned to solar-powered street lights. Despite assurances from the state Commissioner for Petroleum, Tony Ifeanya, that the government was handling the matter and would resolve it soon, IPMAN reiterated the pressing need for prompt action to resolve the outstanding debt.

The call from IPMAN underscores the importance of timely payments in maintaining the financial stability of its members and ensuring the smooth operation of essential services like street lighting in Anambra State. Governor Soludo’s response to this plea will be closely watched as stakeholders monitor the government’s commitment to its financial obligations.

Daily Nigerian