FG, Oil Marketers Sign Agreement to end Fuel Scarcity

The Federal Government on Monday signed an agreement with oil marketers to end the lingering fuel scarcity in the country.

To this end, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have suspended their industrial actions.

 

Lifting of petrol products is expected to begin in the next six hours.

This was revealed by Magnus Abe, the chairman, Senate Committee on Petroleum Resources (downstream).

 

Abe said that the resolution was reached after a meeting between the Senate Committee on Petroleum Resources (upstream and downstream); Major Oil Marketers Association of Nigeria (MOMAN); minister of finance and coordinating minister for the economy, Ngozi Okonjo-Iweala; group managing director, Nigerian National Petroleum Corporation (NNPC), Joseph Dawha and major stakeholders in the oil and gas sector.

 

Details later…

 

OWEDE AGBAJILEKE