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Transport Claims:IPMAN Threatens Legal Action

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By Our Reporter

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to drag the management of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to court over its purported claims on the payment of N74 billion transport claims to marketers.

Recall that the management of NMDPRA had on Wednesday, 29th July 2022, said It had paid marketers N74 billion within the past seven months.

The Chairman IPMAN Northern chapter, Alhaji Bashir Danmalam made the threat while addressing a news conference in Kano on Thursday.

Danmalam, who was reacting to the purported payment, said the claim was not true as their members were not paid unless the payment was made to the “ghost marketers”.

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The IPMAN chairman challenged the management of the NMDPRA to come up with the names of all the marketers who were paid to prove their claims.

“I’m surprised to hear the story on payment of the N74 billion claims by the Chief Executive of the agency, Faruk Ahmed Maishanu. Either he was misinformed or he does not know what is happening in the place.

“Who and who were paid the money? I know some of the marketers who are being owed N10 billion each. So for him to say that the agency paid N74 billion to marketers is not true.

“So, we can only agree with the said payment if the money was paid to “ghost marketers” or if it is part of the rejected waybill.

“The Federal Government should sack this man because he is not competent to hold such a sensitive position in view of the fact that he doesn’t know what is going on there,” he said.

He noted that the inability of the agency to settle the marketers transport claims amounting to about N500 billion was responsible for the persistent fuel shortage being experienced in the country.

Danmalam said based on the investigation conducted by IPMAN, It was discovered that the Nigerian National Petroleum Corporation (NNPC) had recently released over N70 billion to the agency to pay marketers which had yet to be paid.

He lamented that before now, their members were being paid their claims within one or two months as against the present system of payment.

Business

Arewa Oil and Gas Takes Center Stage: AROGMA’s New Chairman Assumes Leadership in Grand Kano Unveiling

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The newly inaugurated chairman Arewa Oil and Gas Marketers Bashir Ahmad Danmalam recieving his certificate after Inauguration

 

Kano – The Arewa Oil and Gas Marketers Association (AROGMA) marked a momentous occasion as it unveiled its new leadership and officially launched its operations in a grand ceremony held in Kano.

Dignitaries, members, and enthusiasts from across Nigeria converged to witness the historic event, which saw the inauguration of the association’s new chairman and the beginning of an exciting chapter for the oil and gas sector in the region.

Bashir Danmalam, a prominent figure in the industry, assumed the prestigious position of the Chairman of AROGMA during the momentous event. As he was presented with the certificate of leadership, an air of enthusiasm and anticipation filled the venue.

The ceremony drew a diverse crowd, representing all walks of life and various regions of Nigeria. Attendees hailed from different parts of the country, showcasing the association’s widespread influence and relevance. The event served as a platform for industry professionals, entrepreneurs, and stakeholders to come together and celebrate the growth and development of the oil and gas sector in the northern region.

“Today, we mark a significant milestone in the energy sector’s history,” stated Bashir Danmalam during his acceptance speech. “The establishment of AROGMA is a testament to our collective commitment to advancing the interests of the oil and gas industry in the Arewa region. With unwavering dedication, we will drive innovation, foster collaboration, and promote sustainable practices that will propel our sector to new heights.”

Arewa Oil and Gas marketers at the occasion

Arewa Oil and Gas marketers at the occassion

The launch of Arewa Oil and Gas in Kano signifies a renewed focus on leveraging the region’s vast energy resources and potential. As the new chairman takes the helm, expectations are high for the association to facilitate strategic partnerships, enhance industry standards, and contribute to the economic growth of the region.

The ceremony was a blend of tradition and modernity, capturing the essence of Arewa’s rich cultural heritage while embracing the dynamic nature of the energy sector. The event marked not only the birth of a new era for AROGMA but also a commitment to shaping the future of the oil and gas industry in the northern part of Nigeria.

Bashir Danmalam being congratulated

Bashir Danmalam being congratulated

As attendees departed the ceremony with a sense of optimism and enthusiasm, it was clear that Arewa Oil and Gas had set a promising course that would resonate across the entire industry landscape, making its mark as a key player in the region’s economic progress

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Business

Arewa Oil and Gas Marketers Urged to File Annual Returns with CAC to Maintain Active Business Status

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Bashir Danmalam Chairman Arewa Oil and Gas marketers association

 

 

The Arewa Oil and Gas Marketers Association of Nigeria has issued a resounding call to all its members, urging them to promptly file their annual returns with the Corporate Affairs Commission (CAC).

Speaking at a press conference, the Chairman, Bashir Ahmad Danmalam, emphasized the significance of adhering to the CAC’s regulations to ensure the active status of their businesses.

Failure to comply with the annual returns filing, as directed by the CAC, may result in the mistaken impression that a business is inactive.

Consequently, the CAC can change the status of a company or business to “inactive,” leading to potential repercussions, including possible delisting.

Danmalam urged all registered entities, spanning from business names to companies and incorporated trustees to meticulously adhere to the CAC’s instructions.

He reiterated that annual returns must be filed irrespective of whether the business is actively operating.

In line with the CAC’s guidelines, entities will be required to pay a fixed statutory fee, the amount of which varies based on the type of business structure. Moreover, entities must avoid late filing to prevent incurring a penalty fee of 5000 Naira.

It is essential to clarify that annual returns are not taxes but rather submissions that are filed exclusively with the Corporate Affairs Commission.

Timely filing of these returns guarantees that businesses and organizations maintain their active status, safeguarding their standing within the CAC’s database.

Transport Claims:IPMAN Threatens Legal Action

The Arewa Oil and Gas Marketers Association takes this matter seriously, recognizing the importance of compliance with the CAC’s regulations to maintain the active status of their businesses.

Danmalam’s call comes as a timely reminder for all members to fulfill their obligations promptly, ensuring the seamless continuation of their operations and legal standing in the Nigerian market.

The deadline for filing annual returns looms, prompting oil and gas marketers in the Arewa region to take immediate action to meet the CAC’s requirements and safeguard their business activities

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Business

Introducing Korbit Dispenser Bottle with Automatic Electric Pump: Clean, Safe, and Affordable Water Solution

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In a bid to provide clean, safe, and affordable drinking water, Korbit, a leading water company, has launched its new Korbit Dispenser Bottle with an automatic electric water pump.

The chairman of the company, Alhaji Garba Ahmed Ibrahim, made the announcement, highlighting the convenience and accessibility of this innovative product.

The Korbit Dispenser Bottle offers a rechargeable automatic electric water pump, ensuring hassle-free dispensing of water.

With this product, customers can enjoy the benefits of clean drinking water at their convenience.

The company has made it easy for customers to obtain the Korbit Dispenser Bottle by making it available at their depots and major supermarkets across the country, including Sahad Store, Best Medix, Sadaraki, DanAljanna, Jujin Labbu, and more.

To make a purchase, customers can either visit these locations or contact the company directly through the provided phone numbers: 08123172526, 08166665444, or 08096233122.

Korbit takes pride in its commitment to quality and safety. The company utilizes the latest modern technology to ensure that their water undergoes rigorous purification processes, including reverse osmosis, resulting in a hygienic and pure final product.

Korbit water is known for its soft and smooth texture, combined with well-balanced mineral content, providing customers with a refreshing and satisfying drinking experience.

One of the key advantages of choosing Korbit Table Water is its ability to maintain the integrity of flavors in food and beverages. When preparing special diets or enjoying a cup of tea, the purity of Korbit Table Water ensures that there are no unwanted impurities that could compromise the taste. With every sip, customers can taste the exceptional quality and purity that sets Korbit water apart.

In a world where access to clean water is crucial, Korbit is dedicated to delivering a reliable and affordable solution. The launch of the Korbit Dispenser Bottle with Automatic Electric Pump reaffirms the company’s commitment to providing clean and safe drinking water for all.

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