×
Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Pay the N900.7 million debt you owe our members , IPMAN tells Soludo

starconnect
starconnect
HE, Professor Charles Soludo

Maduako Igbokwe I Wednesday, Sept.13, 2023

 

AWKA, Anambra, Nigeria – The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to Governor Charles Soludo to pay her members the sum of N900.7 million debt owed to about 70 contractors for supply of diesel to Anambra government in 2022.

 

INVEST just  N5000, Earn Extra Cash

 

IPMAN appealed in a letter to Soludo which was signed by Mr Chinedu Anyaso and Mr Emeka Iloafor, the chairman and Secretary of the association respectively and made available to journalists in Awka on Wednesday.

The letter was entitled “Request For Debt Payment OF N900,664,805.00 Owed Our Members For Diesel Supplied And Services Rendered In Respect Of Street Lights”.

The association said the decision to intervene in the protracted transactions was reached at its Annual General Meeting held in Enugu on August 24.

It explained that the debts were for March and April 2022 being the period they got approval to supply and after the exit of the administration of Chief Willie Obiano they were directed to stop by the Soludo administration.

Advertisement

IPMAN appealed to Soludo to clear the outstanding debts which had been verified to enable the affected members who were already going out of business to remain afloat.

It notes that the marketers have had their trading capitals trapped with the government and that those who obtained bank loans were in a liquidity crisis because of their inability to pay.

The letter said “We IPMAN covering Anambra, Ebonyi and Enugu States write to appreciate the good works you are doing in Anambra and commend all your efforts in making the State a livable place.

“Sir, we want to bring to your notice that your department in charge of paying for diesel and services on the Anambra Street lights has refused to offset an outstanding debt owed to our members.

“The debt is to the tune of N900,664,805 accrued for March and April 2022. Mr. Governor, our members are dying because of these debts and the banks are chasing them around to settle the funds loaned to them to do this business.

“We attach the breakdown of the debts for your records Sir,” it said. Mr TonyCollins Nwabunwanne, Commissioner for Local Government, Chieftaincy and Community Affairs whose office was overseeing the transaction said he had not seen the letter.

Nwabunwanne said he was aware of the transactions and plights of the contractors and the government would take the necessary action.

 

TAGGED:
Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Be the first to get the news as soon as it breaks Yes!! I'm in Not Yet
Verified by MonsterInsights