Fuel marketers end strike

Nigerian fuel marketers resolved on Monday to call off a nationwide petroleum distribution strike within six hours after a meeting with the finance minister and lawmakers, Major Oil Marketers Association of Nigeria (MOMAN) has said.

The agreement to end the strike action was reached after a meeting with the Chairman, Senate committee on petroleum resources, Magnus Abe, Minister of Finance and Coordinating Minister for the Economy, ‎ Ngozi Okonjo-Iweala, MD of NNPC Joseph Dawha and other stakeholders in the oil and gas sector in Abuja.

At the public hearing organised by the Joint Senate Committee on Petroleum Resources (Upstream and Downstream), stakeholders in the petroleum sector resolved to mobilise their members for the immediate distribution of fuel across the country.

Abe, who read a communique duly signed by the stakeholders after the session, explained that all parties unanimously agreed to the peace deal, in the interest of the nation.

He said, “We have agreed on the following:  first is that the Minister of Finance will give an undertaking to the Major Marketers and Depot Managers that the work of the committee being headed by CBN and PPPR, on the outstanding claims, would be concluded and be reflected in the hand over notes to the incoming administration.”