Unions Pledge commitment to resolving crisis in products supply

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    Yusuf Lawal Othman, (National President, NARTO),  Williams Akporeha (National President, NUPENG) Abiodun Adeniji (ED F&A, NMDPRA),  Mele Kyari, Chief Executive Officer/ Group Managing Director, NNPC Limited and  Otunba S.A Oladiti, Chairman, PTD.

    Oil Unions such as NARTO, PTD, NUPENG, NMDRA, NNPC pledge to work together to resolve the issues in the supply of Petroleum Products in Nigeria.

    This was made known in Communique On Critical Stakeholders’ Engagement Between NARTO, PTD, NUPENG, NMDRA with NNPC Ltd On February 17, 2022 At NNPC Towers.

     

    Following the engagement between NMDPRA, NNPC, PTD, NARTO, and NUPENG, the parties resolved as follows:

     

    1. Road Rehabilitation

    NNPC provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme and assured the stakeholders, NUPENG, NARTO and PTD, that the funding earmarked for the 21 critical roads will be applied for the intended purpose only.

    To allay the fears of the stakeholders, NNPC and all parties commit to working together in the monitoring of the road projects.

    1. Review of freight rate for transporters

    The stakeholders requested for completion of the ongoing discussion on the review of the freight rates to cover operational costs and highlighted the precarious situation that truck owners face in the light of current economic realities.

    NMDPRA informed the meeting that a committee has been constituted to review the rates which includes PTD, NARTO and NUPENG in addition to other stakeholders.

    All parties agreed to work expeditiously towards concluding the review of the freight rate and make recommendations to the Government. The Authority to advise on definite close-out date during the week of 21st February 2022.

     

    1. Collaboration on ensuring Nationwide availability of petroleum products

    All parties agreed to work closely to ensure efficient distribution of petroleum products across the country.

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