Posted by News Express | 1 January 1970 | 4,048 times
The fuel crisis that has for days held Nigeria by the jugular may have ended. Minutes ago in Abuja, the Senate announced a deal with industry stakeholders to end the strike that led to the crippling scarcity. Chairman of the Senate Committee on Petroleum (Downstream), Senator Magnus Abe, read out the peace agreement.
As part of the deal, the Nigerian Association of Road Transport Owners (NARTO) has announced that its members will resume fuel lifting in the next six hours, meaning by this evening.
Similarly, oil industry union NUPENG and PENGASSAN have called off their industrial action, which compounded the situation.
Earlier in the day, Capital Oil had kept its promise of late yesterday to start defying the oil marketers’ strike by resuming the lifting of petroleum products. Whi
The Chairman of Capital Oil, Ifeanyi Uba, had announced that the independent oil marketing company is pushing out 15 million litres to ease the situation across the country.
On its part, the government-owned NNPC announced that it has about 36 million litres discharging currently.
The fuel shortage was sparked by oil marketers, who demanded immediate payment of alleged arrears of nearly $1 billion by the out-going Goodluck Jonathan administration which has, however, disputed the claim.
•Photo shows Senator Abe.
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