25th May, 2015
The major oil marketers association of Nigeria (MOMAN) has finally reached an agreement with the government to begin supplying country with much needed petroleum products.
Magnus Abe, the chairman of the senate committee on petroleum resources, informed press that a solution to fuel crisis has just been worked out during the meeting of MOMAN representatives, major stakeholders in the oil and gas sector, senate committee on petroleum resources, and Ngozi Okonjo-Iweala, minister of finance.
According to that decision, petroleum products delivery across the country will be restarted “in six hours”.
At the same time the Nigeria union of petroleum and natural gas workers (NUPENG) and the petroleum and natural gas senior staff association (PENGASSAN), which had suspended their activities previously, have also decided to call off their ongoing strike to end fuel crisis hitting Nigeria’s economy.
During the meeting, it was agreed that the department of petroleum resources has the right to revoke the license of those oil marketers which refuse to lift petroleum products across Nigeria.