The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the federal government has promised to pay the outstanding bridging claims and resolve other issues soon.
Abubakar Maigandi, the national president of IPMAN, spoke in a statement on Thursday, signed by Ukadike Chinedu, its national publicity secretary.
On February 24, IPMAN gave the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) a seven-day ultimatum to pay up the debt, valued at more than N100 billion.
The association had threatened to shut down depots and withdraw their services if the regulator failed to settle the outstanding claims.
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But, in the statement on Thursday, Maigandi said the NMDPRA had expressed their commitment to addressing the pending claims and other issues.
“We have been in communication with the NMDPRA and the Federal Ministry of Petroleum Resources. They have expressed their commitment to addressing these pending claims and other issues,” the IPMAN boss said.
“In the meantime, we kindly implore all members to remain calm and patient as we work towards securing the necessary approvals and payments.
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“We understand the importance of these claims to you and appreciate your understanding during this process.
“We also encourage all members to refrain from any actions that may disrupt our collective efforts, including strike actions.
“Our upcoming official meeting with the NMDPRA will be a critical opportunity to discuss these matters further, and your participation will be invaluable.”
On February 25, the Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) instructed its members to refrain from shutting down operations over unpaid N100 billion bridging claims.
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The marketers also said they would pursue a dialogue with the NMDPRA to resolve the issue.
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