Pay N900.7m loan debt, IPMAN tells Soludo

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Wednesday, urged Governor Chukwuma Soludo of Anambra state to pay the sum of N900.7 million debt the government owed to about 70 contractors for diesel supplied to street lights in 2022.

IPMAN made the appeal in a letter to the governor signed by her Chairman, Mr Chinedu Anyaso and the Secretary, Mr Emeka Iloafor, entitled “Request for Debt Payment of N900, 664,805.00 Owed Our Members For Diesel Supplied And Services Rendered In Respect Of Street Lights”.

According to the association, the debt was for March and April 2022 being the period they were approved to supply diesel after the end of Willie Obiano’s administration before they were directed to stop by the successive Soludo’s administration.

They said their trading capitals were trapped with the government because of the incident even as some of them who obtained bank loans were in a liquidity crisis because of inability to pay.

“We want to bring to your notice that your department in charge of paying for diesel and services on the Anambra Street lights have refused to offset an outstanding debt owed our members. The debt is to the tune of N900, 664,805 accrued for the months of March and April 2022,” it said.

(Blueprint)

About Funmilayo Ojo

Funmilayo Ojo is a Mass Communication Graduate. She is a prolific writer and a journalist who is gifted in Media works. She is also a business tycoon. She is currently the Regional Editor, of Southwest National Telescope Newspaper. She is happily married to Femi and they are blessed with lovely kids. Email: sweditor@nationaltelescope.com

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