1 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it disbursed a total of 103,037,183,922.91 billion Naira bridging claims to oil marketers between December 2021 and August 2022.
The authority disclosed this at the end of its meeting with the Northern Independent Petroleum Marketers Forum (NIPMF) and the Nigerian National Petroleum Corporation Limited (NNPC Ltd.) officials, on Tuesday in Abuja.
3 The Independent Petroleum Marketers Association of Nigeria (IPMAN) across nine Northern states had on Monday embarked on three days warning strike over non-payment of their bridging claims.
4 The NMDPRA, in a statement, said it would fast-track the settlement of all outstanding claims when received from marketers after due verification and reconciliation.
5 It reiterated that payment of bridging claims was an ongoing process and payments were disbursed as they were received from marketers.
7 “The meeting addressed issues regarding bridging claims and other matters.
9 The NMDPRA affirmed that it would continue to carry out its mandate as stipulated in the Petroleum Industry Act (PIA), aimed at promoting and ensuring continuous and efficient operations of the Midstream and Downstream sector in Nigeria.