Library / NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY (NMDPRA) `Plot 1012, Cadastral Zone, Central Business District, FCT, Abuja PRESS RELEASE

NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM REGULATORY AUTHORITY (NMDPRA) `Plot 1012, Cadastral Zone, Central Business District, FCT, Abuja PRESS RELEASE

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NIGERIAN MIDSTREAM AND DOWNSTREAM PETROLEUM 
REGULATORY AUTHORITY (NMDPRA)  
`Plot 1012, Cadastral Zone, Central Business District, FCT, Abuja 
PRESS RELEASE 
 
The Nigerian Midstream and Downstream Petroleum Regulatory 
Authority (NMDPRA) has taken note of concerns raised by some Oil 
Marketers over their outstanding bridging claims. 
The administration of bridging payment is a continuous process as 
hundreds of trucks load and discharge products daily thereby adding to 
the claims.  
Since December 2021, the NMDPRA has made several payments to 
marketers whose claims have been verified. So far, over N58 billion has 
been disbursed to oil marketers out of which about N34 billion went 
directly to members of the Independent Petroleum Marketers 
Association of Nigeria (IPMAN). 
We wish to stress that the total amount disbursed so far is the highest 
ever paid within a 6-months span by previous fund administrators, which 
implies that the reimbursement of marketer’s transportation 
differentials for petroleum products movement from depots to sales 
outlets is a priority to the NMDPRA. 
In addition, Freight Rates were recently reviewed upwards to reflect 
current market realities and stimulate investments in the transportation 
of petroleum products in the country to ensure uninterrupted 
distribution. 
It is pertinent to note that some of the pending payments is due to the 
reluctance of marketers to reconcile their claims, in spite of the 
Authority’s continuous appeal to come for reconciliation whenever 
there are discrepancies.