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

No going back on withdrawal of officers from VIP escort- A’ibom CP

By Ogenyi Ogenyi, UyoThe Commissioner of Police in Akwa...

Obi Dumps Labour Party for ADC, Rallies Opposition Ahead of 2027

Former Labour Party presidential candidate in the 2023 general...

China is entering a new era of economic maturity

By Chris SherrardChina’s economic outlook is often framed abroad...

No going back on withdrawal of officers from VIP escort- A’ibom CP

By Ogenyi Ogenyi, UyoThe Commissioner of Police in Akwa...

Chelle Hails Super Eagles’ 4–0 Win, Warns Against Complacency

Super Eagles head coach, Eric Chelle, has expressed satisfaction...

Phyna open to reconciling with Davido, says she would stream with him

Former Big Brother Naija winner, Phyna, has expressed her...

2027 battle: Rivers crisis deepens as APC governors rally behind Fubara

The political crisis in Rivers State has intensified as...

BREAKING: Chelsea appoint Liam Rosenior as new head coach

Chelsea Football Club have confirmed the appointment of Liam...

Kanayo Takes His Children to Pay Tribute to Late Parents for the First Time

Veteran Nollywood actor Kanayo O. Kanayo has shared an...

Related Articles

Popular Categories

spot_imgspot_img