Major Oil Marketers Association of Nigeria on Friday reached an agreement with the National Association of Road Transport Owners to suspend their strike,
according to an official.

MOMAN Executive Secretary, Mr Femi Olawore,
made this known while speaking with newsmen on
the ongoing impasse with the government over
outstanding fuel subsidy payment.

According to him, the marketers are owing
members of the transport association about N20
billion and their inability to offset the debt prompted
the suspension of the lifting of products.

However, he said, following the release of N154
billion to marketers by the Federal Government as
part payment of the subsidy, they had in turn offset
part of the debt they owed the transporters.

Olawore said government had yet to redeem N200
billion it is owing the marketers as subsidy
payment.

He said the the marketers, with the understanding
of NARTO members, had given government a grace of two weeks to settle the remaining payments.

“We have scheduled to meet with the Coordinating
Minister of the Economy on Monday, but if the
meeting fails to address the issue we have tabled,
then we will continue with the action” he warned.

According to him, some of their members have
started receiving payment, adding that the
marketers will pay NARTO in proportion of what had been received.

Olawore said the marketers were ready to
cooperate with the government but warned that
unless the payment was made in two weeks, the
marketers would return to their action.

www.punchng.com/news/petrol-scarcity-narto-
suspends-strike/

Respite at last!

Ok o

Not surprised


GEJ A TRUE DEMOCRAT who puts the masses lives above his interest

Good one bro.

OAM4J etal pls front page

I hope this is true ,we can't afford to continue buying fuel @ N150 for our cars and Generators!..killing the pocket meeeen!

let me pack my bags front page ya!

Aren't you tired of this darkness. Join the movement now by using the dp and hashtag
#GiveUsLightNow #noExcuse

https://www.nairaland.com/2284825/give-us-light-now-enough

Finally. Only in this country where getting stuff as mundane as fuel is seen as a privilege. Am glad d queues wud be disappearing soon.

I wonder y strike is d only tin dat dis govt responds to

Thank God!!!

Thanks God

Nah which Nairaland Mod no dey sleep.....wey dey push post to FP by 3:51 am.Haba u be winsh

So we have exactly 2 weeks

hmmm...

Seems like time to feel up my underground reservoir, 5 months storage

Seriously though, I don't like storing petrol as it's highly flammable, but I just may store some extra gallons for the next couple months

After subjecting the masses to untold hardship. Some strikes dont really worth it.

God bless GEJ.

been waiting for ds news.
no light
no fuel for generator

Thank God!

So what's next

What a country, where citizens provide for their basic amenities... I hope the incoming administration will do better.

At last their will be no more queue and no more buying petrol #150 per litre. Strikes is the only language FG understand.

When will Nigeria have functional refineries for goodness sake

At last

No light, no fuel...This country sha

when will all this ultimatum end?

OP, when is the 2 weeks starting ? Is it after the Monday meeting or from the time the union called off the strike. This certainty can be very strategic you know !!!

Thank you o