Aggrieved unions in the Nigerian Oil and Gas Sector have shelved the planned industrial action following the intervention of the Nigeria National Petroleum Company (NNPC) Limited.
Members of the unions were protesting bad conditions of roads and low freight rates, among other challenges.
At the end of a meeting, on Thursday, between NMDPRA, NNPC, PTD, NARTO, and NUPENG, the parties resolved that NNPC will provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme and assure the stakeholders that the funding earmarked for the 21 critical roads will be applied for the intended purpose only.
According to a statement nby the NNPC, the stakeholders also 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, however, 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.
They also agreed to work in unison to facilitate nationwide availability of scarce petroleum products.
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