Tanker drivers suspend strike: Petroleum Tankers Drivers, PTD, branch of the Nigeria Union of Petroleum and Natural gas Workers, NUPENG, Monday, suspended their strike action to allow for further dialogue with the Federal Government and the Nigerian National Petroleum Corporation, NNPC. At a meeting in Abuja, called at the instance of the NNPC Group Managing Director, Mr. Maikanti Baru, the Federal Government also kick-started the process for a hike in the prices of petroleum products, with the products likely to sell between N147 and N150 per litre.
More..
- 10 young emerging male Billionaires to look out for in Nigeria – #10 owns one of the most visited sites in Africa
- 4 reasons you should not have sex before marriage – #4 is so very important!
- Rich Nigerian celebs and the houses they live in – Timaya’s house is sacred (With Photos)
- 5 popular unsolved assassinations that shook Nigeria – Everyone knows the killers of #5 but nothing can be done
Specifically, to satisfy the yearnings of the aggrieved tanker drivers for an increase in transporters’ margin, sources among the officials of the PTD and NUPENG told Vanguard that Baru promised to increase the Bridging Claims for the tanker drivers from the present N4 per litre, thereby setting machinery in motion for a possible hike in the price of Premium Motor Spirit, PMS.
The Bridging Claim is the amount paid to distributors of petroleum products across the country, and was introduced to ensure uniformity in the price of petroleum products across the country.
In May 2016, the Federal Government had approved a price range of N135 and N145 for a litre of PMS. Today, all the petrol stations in the country are selling at the highest point of N145 per litre. Any further hike in the cost of the commodity would likely bring about a hike in the retail price of the product at the petrol stations.
Spokesperson for the NNPC, Mr. Ndu Ughamadu, who confirmed the suspension of the strike to Vanguard Newspaper, however, refused to respond to enquiries of a likely increase in the price of fuel. However, National President of NUPENG, Igwe Achese, said the strike action had to be suspended in the interest of the country and also to allow for further negotiations and discussions.
…Details later.
CLICK HERE to join our BBM Channel for juicy updates & free giveaways
TRENDING NOW
- Meet 10 silent Billionaires in Nigeria – These men control Nigeria’s economy (With Pictures)
- Top 8 Most stylish Kings in Nigeria – 2 of them use the most expensive Rolls Royce cars (With Photos)
- 5 Nigerian celebrities who secretly got married – #3 was even pregnant and no one knew (With Pics)
- 6 things you need to do now if you want to be a millionaire before 40 – #3 is very IMPORTANT
- 15 horrible facts Dubai does not want the world to know about – This will leave you in utter shock (With Pics)
- 12 things a girl does when she likes you already – If you notice #10, you got her bro!
- Meet the richest kids of all time who attended UNILAG – These guys spend like there’s no recession (With Photos)
Discussion about this post