NAIJ has reported that the major oil marketers association of Nigeria (MOMAN) has finally reached an agreement with the government to call of the lingering strike and begin supplying the country with much needed petroleum products “in six hours”.
Chairman of the Senate Committee on Downstream, Senator Magnus Abe announced this at the end of the meeting at the National Assembly complex in Abuja on Monday.
The agreement also states that the Department of Petroleum Resources (DPR) should immediately revoke the license of any oil marketer that refuses to lift petroleum products across Nigeria.
With this development, PENGASSAN, NUPENG, MOMAN, IPMAN and all other officials also addressed the press where they affirmed the resolutions and agreement.
The Minister of Finance, Ngozi Okonjo-Iweala was present at the hearing and endorsed the agreement on behalf of the Federal Government.
The scarcity comes as the result of dispute between government and fuel marketers and transporters over unpaid bills of $1 billion
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