Home NEWS Crisis In Fuel Supply: Senate Brokers Peace, Marketers Return To Work

Crisis In Fuel Supply: Senate Brokers Peace, Marketers Return To Work

Sen. David mark
Sen. David mark

The fuel crisis in the fuel supply that has thrown Nigeria into serious confusion may start to ease off from tomorrow, as the nation’s senate intervened and got the oil markerters and other sundry operatives in the system to return to work.

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.

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.

Meanwhile, government-owned NNPC has announced that it has about 36 million litres discharging currently.

The fuel shortage was sparked off 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. [myad]


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