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Anambra Govt owes IPMAN N900 million: Fuel price may hit N3,000/Litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Anambra State Government to urgently settle an outstanding debt of over N900 million owed to its members who supplied diesel for the running of streetlights in the state to avoid the price of fuel skyrocketing.

Chairman of IPMAN Enugu Unit, Chief Chinedu Anyaso, disclosed this on Sunday in Enugu shortly after the association’s 2025 Annual General Meeting (AGM), News Agency of Nigeria (NAN) reports.

Anyaso noted that the members unanimously agreed that it would again write Governor Chukwuma Soludo of Anambra on the issue of IGR of fuel stations in Anambra.

“The Anambra State Government debt has been recurring for the past one year, notwithstanding three official letters and direct appeals to the governor and functionaries of the state concerned. Till now, nothing has been done. 

“We are taking the diplomatic route since we do not want to direct our members to go on strike or stop sales of fuel products, which will further compound the suffering and hardship of ordinary citizens. 

“If IPMAN members go on strike, it is clear that a litre of fuel (petrol) might go up to about N2,000 and N3,000 in the state, as well as other attendant negative impacts of such a move. 

“However, we want the state government to listen to our appeal and the pathetic situation of IPMAN members, who had made the supply and currently indebted to financial institutions.” 

Anyaso noted that within a few months, eight IPMAN members in Anambra, who were owed by the state government, had died due to stress and shock from pressure by financial institutions demanding aggressive loan repayments.

“Some of them, their stations have been taken over by the financial institutions, some closed already, and many laid off their staff due to financial incapacitation,” he said.

IPMAN unveiled plans to safeguard fuel pump integrity at filling stations by tackling cheating and related malpractices.

Anyaso said members unanimously agreed at the AGM to uphold the integrity of fuel pumps to ensure Nigerians received value for their money.

He stressed that IPMAN was committed to maintaining its reputation for service and product excellence, adding:

“IPMAN resolved and planned to set up a task force to ensure compliance of all members to fuel pump integrity.” 

According to him, the task force will be inaugurated in September and will operate through dedicated teams in each state under the unit.

“In order to sanitise the system and ensure that the reputation of IPMAN and our members’ fuel stations are maintained, the members during the AGM unanimously agreed that fuel pump cheating and malpractice must be stopped. 

“IPMAN will set up a daily mandate task force soon, while the association’s members collectively agreed on a heavy monetary fine as well as sanctions for any defaulting fuel station owned by any member,” he said.

“IPMAN will set up a daily mandate task force soon, while the association’s members collectively agreed on a heavy monetary fine as well as sanctions for any defaulting fuel station owned by any member,” he said.

He noted that the association had resolved to be firm in dealing with the menace through its own internal disciplinary mechanism, just as the association eradicated stocking bad fuel.

The chairman said that IPMAN Enugu Unit also appreciated the strides of various governors and state governments on development, especially road and security infrastructure in the unit’s states of coverage.

We are encouraged by the governors’ commitment to continue to create a conducive business environment and to ensure smooth road corridors for fuel products to get to all nooks and crannies of the unit,” he said.

The chairman noted that members also deliberated on welfare issues, better ways of lifting petrol products, and how to participate in the Dangote Direct Sales and Delivery Scheme, as well as the JEZCO Oil and Gas offer to assist members.

In February, IPMAN threatened strike actions over the non-payment of over N100 billion in bridging claims owed to its members by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

In March, IPMAN urged filling station owners to implement robust fire safety measures to prevent outbreaks and minimize loss of lives and property.

The Enugu Unit of IPMAN covers independent petroleum marketers in Enugu, Anambra, and Ebonyi States, as well as parts of Abia, Imo, Kogi, and Cross River States.