<\/p>\n
The fuel crisis that has for days held Nigeria by the jugular may have ended. Minutes ago in Abuja, the Senate announced a deal with industry stakeholders to end the strike that led to the crippling scarcity.<\/p>\n
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The fuel shortage was sparked by oil marketers, who demanded immediate payment of alleged arrears of nearly $1 billion by the out-going Goodluck Jonathan administration which has, however, disputed the claim.<\/p>\n
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Chairman of the Senate Committee on Petroleum (Downstream), Senator Magnus Abe, read out the peace agreement.<\/p>\n
As part of the deal, the Nigerian Association of Road Transport Owners (NARTO) has announced that its members will resume fuel lifting in the next six hours, meaning by this evening.<\/p>\n
Similarly, oil industry union NUPENG and PENGASSAN have called off their industrial action, which compounded the situation.<\/p>\n
Earlier in the day, Capital Oil had kept its promise of late yesterday to start defying the oil marketers\u2019 strike by resume the lifting of petroleum products.<\/p>\n
The Chairman of Capital Oil, Ifeanyi Uba, had announced that the independent oil marketing company is pushing out 15 million litres to ease the situation across the country.<\/p>\n
On its part, the government-owned NNPC announced that it has about 36 million litres discharging currently.<\/p>\n
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Source News Express<\/p>\n","protected":false},"excerpt":{"rendered":"
The fuel crisis that has for days held Nigeria by the jugular may have ended. Minutes ago in Abuja, the Senate announced a deal with industry stakeholders to end…<\/p>\n","protected":false},"author":1,"featured_media":21439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-38893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\n