June 17, 2024
FG, NARTO, Others Fail To Reach Agreement
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FG, NARTO, Others Fail To Reach Agreement

A meeting between the Federal Government, the Nigerian Association of Road Transport Owners( NARTO), and other stakeholders over the suspension of operations by NARTO members’ lifting of petroleum products ended in an impasse yesterday.

The Minister of State for Petroleum, Heineken Lokpobiri, says the engagement will continue today as the government, he says, would not fold its arms and allow Nigerians to go through more hardship.

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There are indications that the NARTO leadership and other stakeholders within the oil and gas sector are billed to meet with the National Security Adviser Nuhu Ribadu for another meeting later on Monday night to avert the imminent fuel scarcity.

Independent marketers had expressed worry over the continued crash of the naira against the US dollar, stressing that the development could force the non-subsidised pump price of Premium Motor Spirit (PMS) popularly called petrol to hit N1,500/litre in the coming days.

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