29.2 C
Lagos
Sunday, May 19, 2024

National Association of Road Transport Owners Suspend Planned Strike

Must read

spot_img
- Advertisement -
Listen now

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike.

This followed Monday’s meeting with the Federal Government and stakeholders after tanker drivers suspended operations and stopped lifting petroleum products amid harsh economic realities.

NARTO members had threatened to shut down all over the country beginning Monday over the high cost of automotive gas oil, also known as diesel, which is used to fuel their trucks for the movement of petroleum products across Nigeria.

Like Premium Motor Spirit, popularly known as petrol, which now sells at over N600 per litre, the price of diesel has skyrocketed of late, no thanks to the forex crisis in the country. At the moment, diesel sells above N1,250 per litre in Nigeria.



Get More of our proprietary news and analysis as MoneyCentral is now on WhatsApp Channels 🚀 Follow the MoneyCentral Nigeria channel on WhatsApp: Click here!

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -spot_img

Latest article