Nigerian Association of Road Transport Owners NARTO has called off its strike as the Federal Government has announced payment of their bridging claims.
The Federal Government said though NARTO’s issues were purely commercial but its intervention and transportation claims payment became necessary to ensure fuel availability nationwide and maintain a business friendly environment.
Minister of State Petroleum Resources Heineken Lokpobiri, announced this after a meeting with some major oil marketers, hosted by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in Abuja.
The meeting was a continuation of the meeting which began on Monday to resolve issues hindering the operations of the oil marketers who embarked on strike.
Fuel queues and emerging scarcity were witnessed at fuel stations in the FCT and nationwide as a result of the suspension of fuel transportation and distribution by NARTO.
Also speaking, NARTO President, Yusuf Othman, said the engagement did not concern pump price of fuel as the price remained the same, but its agitation bothered on freight rate for the transportation of fuel.
