The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike.
This followed a meeting with the Federal Government and stakeholders after tanker drivers suspended operations and stopped lifting of petroleum products.
NARTO members had threatened shutdown 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.
The price of diesel has skyrocketed to N1,300 per litre due to the prevailing forex crisis in the country.
NARTO in its notice said it was impossible to continue in the business within the context of the current economic situation in the country
Speaking at the end of a two-day meeting, Minister of State for Petroleum, Heineken Lekpobiri, said Marketers have agreed to raise the margin for freight while government on its part has agreed to immediately pay some outstanding bridging cost pending full reconciliation.
Othman Yusuf, the National President of NARTO directed its members to immediately resume normal operations nationwide
