x

NNPC, NUPENG, Others Reach Truce As Another Fuel Scarcity Just Averted

By Becky Adi

The Nigerian Association of Road Transport Owners (NARTO), National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers (PTD) have suspended their planned strike after an intervention by the NNPC Ltd.

The parties also pledged collaboration on ensuring nationwide availability of petroleum products.

The suspension notice was made known in a communique following a critical stakeholders engagement between the NNPC Ltd., the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), PTD, NARTO, and NUPENG on Thursday, in Abuja.

The communique was jointly signed by Malam Mele Kyari, Group Managing Director, NNPC, Otunba Salmon Oladiti, National Chairman PTD , Mr Yusuf Otthman, NARTO President Comrade Williams Akporeha, NUPENG President and Abiodun Adeniji, Executive Director, Finance and Admin, NMDPRA.

NUPENG and PTD had planned to embark on strike following allegations that officials of the Federal Ministry of Works and Housing were diverting the fund provided by NNPC Limited for the rehabilitation of 21 critical highways.

On Road Rehabilitation, the communique said NNPC provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme.

It said the NNPC assured the stakeholders that the funding earmarked for the 21 critical roads would be applied for the intended purpose only.

“To allay the fears of the stakeholders, NNPC and all parties commit to working together in the monitoring of the road projects,” it stated..

On review of freight rate for transporters, the communique noted that the stakeholders requested for completion of the ongoing discussion on the review of the freight rates to cover operational costs.

It noted that the stakeholders highlighted the precarious situation that truck owners faced in the light of current economic realities.

It further noted that the NMDPRA informed the meeting that a committee was constituted to review the rates which included PTD, NARTO and NUPENG in addition to other stakeholders.

It stated that all parties agreed to work expeditiously towards concluding the review of the freight rate and make recommendations to the Government.

According to the communique, the Authority is to advise on definite close-out date during the week of Feb. 21.

“The parties also agreed to foster collaboration on ensuring nationwide availability of petroleum products.

“All parties agreed to work closely to ensure efficient distribution of petroleum products across the country,” it stated.

Hot this week

FCT polls: Court orders INEC to publish ADC candidates’ names

An Abuja Federal High Court has ordered the Independent...

Prosperity Cup Partners FC Barcelona, Raises Prize Money to ₦80 Million for 2026 Edition

By Amgbare Ekaunkumo, YenagoaOrganisers of Nigeria’s largest grassroots football...

Wenger Hails ‘Unbelievable’ AFCON 2025 as Morocco, Senegal Set for Final Showdown

FIFA’s Chief of Global Football Development, Arsène Wenger, has...

FGN, IFAD-VCDP Empowers Kogi Youths with Fabrication Skills

From Noah Ocheni, LokojaThe Federal Government of Nigeria (FGN),...

Gov. Ododo Orders Demolition of Criminal Hideout in Okene

From Noah Ocheni, LokojaKogi State governor Ahmed Usman...

Prosperity Cup Partners FC Barcelona, Raises Prize Money to ₦80 Million for 2026 Edition

By Amgbare Ekaunkumo, YenagoaOrganisers of Nigeria’s largest grassroots football...

AFAN Welcomes Finance Minister’s Support for Farmers as FG Moves to Stabilise Agriculture

By Jabiru HassanThe All Farmers Association of Nigeria (AFAN)...

Kaduna Group Alleges Corruption, Religious Discrimination at KASUPDA

By Achadu Gabriel, KadunaA group of concerned citizens...

EFCC Presents Key Witness in N458 Million Lagos Money Laundering Case

By Francis WilfredThe Economic and Financial Crimes Commission...

EFCC Arraigns Lagos Businessman, Company for Alleged $550,000 Kerosene Fraud

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Alleged ₦125m Fraud: Ex-Lawmaker Issued 14 Dud Cheques, Witness Tells Abuja Court

By Francis WilfredA prosecution witness on Monday told a...

Alleged ₦125m Fraud: Ex-Lawmaker Issued 14 Dud Cheques, Witness Tells Abuja Court

By Francis WilfredA prosecution witness on Monday told a...

Bagana Stool Crisis: Kingmakers Urge Gov. Ododo to Restrain Omala LG Chairman

From Noah Ocheni, LokojaKingmakers of the Ichekpa OnuIfe dynasty...

Related Articles

Popular Categories

spot_imgspot_img