The two-day suspension of operations with respect to the lifting of petroleum products by the Nigerian Association of Road Transport Owners has been called off by the oil transporters after the federal government intervention.
NARTO confirmed this in Abuja on Tuesday evening after the intervention of the Federal Government through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri.
Lokpobiri as well as the President, NARTO, Yusuf Othman, told journalists that stakeholders in the downstream oil sector had reached an agreement to increase the freight rate of petroleum transporters, and to gradually settle other concerns raised by the tanker operators.
“We have reached some agreements and members of NARTO have agreed to resume operations to reduce the plight faced by Nigerians with respect to getting petroleum products,” Lokpobiri stated.
Recall that on Friday, NARTO vowed to stop lifting petroleum products beginning from Monday due to the high cost of operations.
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