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

Gunmen Kill One, Abduct 13 in Multiple Attacks Across Kogi Communities

From Noah Ocheni, LokojaSuspected kidnappers have killed one...

Civil Society Coalition Raises Alarm Over Nigeria’s Maritime Boundaries, Oil Wells Allocation

A coalition of Civil Society Organizations (CSOs), maritime experts...

EFCC Arraigns Four in Lagos Over Alleged N91.7m Theft and N3.4m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

US Spent $11bn on Iran War in First Six Days – Report

The United States spent more than $11.3 billion during...

Pro-Wike PDP Fixes May 23 for 2027 Presidential Primaries

By Joyce Remi BabayejuThe Pro-Wike faction of the Peoples...

NMWF Supports Healthcare , Upgrades Sections of Zuba General Hospital

By Joyce Remi- BabayejuThe Nigerian Ministers' Wives Forum (NMWF)...

Civil Society Coalition Raises Alarm Over Nigeria’s Maritime Boundaries, Oil Wells Allocation

A coalition of Civil Society Organizations (CSOs), maritime experts...

Julius Berger demonstrates commitment to CSR as Academy graduates 36

Julius Berger Nigeria Plc has demonstrated its commitment to...

US Spent $11bn on Iran War in First Six Days – Report

The United States spent more than $11.3 billion during...

Senator Nora Daduut Congratulates Plateau Governor Caleb Mutfwang on 61st Birthday

By Golok Nanmwa, JosSenator Prof. Nora Ladi Daduut, Nigeria’s...

Rainstorm Destroys Over 40 Houses, Churches in Kogi Community

From Noah Ocheni, LokojaResidents of Egbeda Egga community...

Related Articles

Popular Categories

spot_imgspot_img