NNPC Agrees With Critical Stakeholders To Resolve Ongoing Fuel Crisis (Communique) & Video

from left.. Alh. Yusuf Lawal Othman, (National President, NARTO), Comrade Williams Akporeha (National President, NUPENG) Abiodun Adeniji (ED F&A, NMDPRA), Mallam Mele Kyari, Chief Executive Officer/ Group Managing Director, NNPC Limited and  Otunba S.A Oladiti (Chairman, PTD) 
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Nigerian National Petroleum Corporation (NNPC) has met with NARTO, PTD, NUPENG,  NMDPRA, to critically look at the various problems in the oil sector and amicably resolved the issues.

In a Press interface on Thursday 17 February 2022 the NNPC Group Managing Director Mele Kyari spoke about the construction of roads to ease haulage of Petroleum products, Collaboration on ensuring Nationwide availability of petroleum products and all parties agreed to work closely to ensure efficient distribution of petroleum products across the country.

Below is the communique

COMMUNIQUE ON CRIITICAL STAKEHOLDERS’ ENGAGEMENT BETWEEN NARTO, PTD, NUPENG, NMDPRA AND NNPC LTD ON FEBRUARY 17, 2022 AT NNPC TOWERS

Following the engagement between NMDPRA, NNPC, PTD, NARTO, and NUPENG, the parties resolved as follows:

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1. Road Rehabilitation
 NNPC provided updates on the current status of the road construction and rehabilitation projects under the road infrastructure tax credit scheme and assured the stakeholders (NUPENG, NARTO and PTD) that the funding earmarked for the 21 critical roads will be applied for the intended purpose only.
 To allay the fears of the stakeholders, NNPC and all parties commit to working together in the monitoring of the road projects.

2. Review of freight rate for transporters
 The stakeholders requested for completion of the ongoing discussion on the review of the freight rates to cover operational costs and highlighted the precarious situation that truck owners face in the light of current economic realities.
 NMDPRA informed the meeting that a committee has been constituted to review the rates which includes PTD, NARTO and NUPENG in addition to other stakeholders.
 All parties agreed to work expeditiously towards concluding the review of the freight rate and make recommendations to the Government. The Authority to advise on definite close-out date during the week of 21st February 2022.

3. Collaboration on ensuring Nationwide availability of petroleum products
 All parties agreed to work closely to ensure efficient distribution of petroleum products across the country.

…………………………………. ………………………………………
Otunba S. A. Oladiti Mr. Yusuf Otthman
National Chairman PTD NARTO President

………………………….……… ……………………………………….
Comrade Williams Akporeha Abiodun Adeniji
NUPENG President ED F&A, NMDPRA

…………………………….
Mele Kolo Kyari
Group Managing Director

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