NNPC, NUPENG, Others Reach Truce To Avert Fuel Scarcity

NNPC, NUPENG, Others Reach Truce To Avert Fuel Scarcity.

Following an intervention by the NNPC Ltd, the Nigerian Association of Road Transport Owners (NARTO), the National Union of Petroleum and Natural Gas Workers (NUPENG), and the Petroleum Tanker Drivers (PTD) have called off their scheduled strike.

The parties also agreed to work together to ensure that petroleum products are available across the country.

The suspension was announced in a statement issued after vital stakeholders meeting on Thursday in Abuja involving NNPC Ltd., the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), PTD, NARTO, and NUPENG.

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 Administration, NMDPRA all signed the communiqué.

Following claims that officials from the Federal Ministry of Works and Housing were diverting funds supplied by NNPC Limited for the restoration of 21 major roads, NUPENG and PTD intended to go on strike.

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The NNPC presented information on the current progress of road building and repair projects under the road infrastructure tax credit program, according to the release.

The NNPC promised stakeholders that the funds planned for the 21 key roads would be used strictly for that purpose, according to the report.

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

Concerning the review of freight rates for transporters, the stakeholders demanded that the ongoing conversation on the review of freight rates to cover operating costs be completed, according to the statement.

The stakeholders emphasized the perilous situation that truck owners faced in light of current economic realities, according to the report.

The NMDPRA also notified the gathering that a committee had been created to assess the rates, which comprised representatives from PTD, NARTO, and NUPENG, as well as other stakeholders.

All parties committed to work quickly to complete the freight rate study and provide suggestions to the government, according to the document.

The Authority is expected to provide a definitive close-out date during the week of February 21, according to the statement.

“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. (NAN) 

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