• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, May 13, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

IPMAN Threatens To Suspend Operations In Anambra Over N900m Debt  

by Leadership News
1 year ago
in Business, Cover Stories
Ipman
Share on WhatsAppShare on FacebookShare on XTelegram

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to suspend its operations in Anambra State due to the state government’s failure to pay contractors the sum of N900 million owed to them for supplying Automotive Gas Oil (AGO) used to power streetlights before the project was terminated.

Advertisement

Mr Chinedu Anyaso, Chairman of the IPMAN Enugu Depot Community responsible for Anambra, Ebonyi, and Enugu states, made this announcement in Awka on Friday.

Anyaso clarified that upon the Anambra State Government’s termination of the contract to supply AGO for streetlights and the subsequent directive to return all generators in their possession, the contractors complied. Despite returning the generators as instructed, the Chukwuma Soludo-led administration has yet to settle the N900,664,805 debt owed to the contractors.

This delay has caused severe financial strain on the marketers contracted, leading to substantial indebtedness to their creditors and significant disruption to their businesses due to the tied-up capital.

Anyaso also said that IPMAN had formally notified the Anambra government about meeting the specified conditions to facilitate payment to the marketers.

RELATED

Nigeria

Federal Gov’t Targets Infrastructure Growth With N300bn Fresh Sukuk Issuance

9 hours ago
JUST-IN: Piwuna Emerges New ASUU President

JUST-IN: Piwuna Emerges New ASUU President

18 hours ago

The IPMAN general assembly’s demands regarding the diesel supplied and services provided for streetlights have not received a response from the Anambra government.

A letter titled “Request For Debt Payment of N900,664,805.00 Owed to Our Members for Diesel Supplied and Services Rendered in Respect Of Street Lights,” addressed to the Commissioner for Local Government, Chieftaincy, and Community Affairs, read, “We refer to your response on the above subject, dated Nov. 3 on the report of some vendors that are yet to return some of the Government-owned generator sets allotted to them for the street lights projects.

“Be informed, Sir, that all the generators have been fully returned to the Government.

“We, therefore, humbly request that the debt payments owed our members for diesel supplied and services rendered be treated and paid as promised.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: IPMAN
SendShareTweetShare
Previous Post

Davido, Burna Boy, Asake, Tems Make Obama’s Favourite Music Of 2023 Playlist

Next Post

Gov Radda Suspends Katsina Principal Accused Of Sexual Assault

Leadership News

Leadership News

You May Like

Nigeria
Business

Federal Gov’t Targets Infrastructure Growth With N300bn Fresh Sukuk Issuance

2025/05/12
JUST-IN: Piwuna Emerges New ASUU President
Cover Stories

JUST-IN: Piwuna Emerges New ASUU President

2025/05/12
Experts Laud CG As Customs Grants 90-day Window To Regularise Imported Vehicles Duty
Business

Nigeria First Policy: Customs Assures Local Vehicle Manufacturers Of Patronage

2025/05/12
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Market Investors Reap N1.69trn Gains In 1 Week

2025/05/12
Ekpo Lauds EATECH’s Innovative Approach To Gas Pipeline Mgt
Business

Ekpo Lauds EATECH’s Innovative Approach To Gas Pipeline Mgt

2025/05/12
Export: Nigeria To Build 6 Additional Plants For Cashew Production
Business

Maritime Exports Exceed Imports By 39% In 2024

2025/05/12
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

Federal Gov’t Okays N1.2trn For Roads, Power, Aviation Projects

UK Unveils Immigration Reforms To Curb Overseas Hiring

PICTORIAL: IGP Egbetokun Celebrates Ex-IGP Atta On His 88th Birthday

Ex-Senate President Lawan Warns Of Evolving Security Threats, Seeks Nigerians’ Support

Nigerian Man Arrested For Attempting To Meet Minor For Sex In UK

Police Arrest 200 Suspected Criminals, Rescue 130 Kidnap Victims In Katsina

Federal Gov’t Confirms Repayment Of $3.4bn COVID-19 IMF Loan

Police Nab Father For Alleged Defilement Of Daughters In Lagos

FG, CIG Motors Sign MoU To Train 365 Youths In Automobile Maintenance

Terrorists Abduct Retired Immigration Officer, 2 Other Passengers In Yobe

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.