News
NNPC begs petroleum tanker drivers not to embark on strike
The Nigerian National Petroleum Corporation has begged petroleum tanker drivers to in the interest and welfare of the Nigerian people call off its planned strike action. The strike is about the condition of roads in various parts of Nigeria which are used for the distribution of goods and services including petroleum products. However, even though it is not the responsibility of the NNPC to build or rehabilitate roads, any disruption in the distribution of petroleum products to different parts of Nigeria will adversely affect the business of the NNPC and endanger energy security, which the country has enjoyted for a long time now.
In recognition of this, the NNPC wishes to assure the Petroleum Tanker Drivers that in addition to the ongoing efforts by other agencies of government, the NNPC has initiated a process that will provide a quick and effective solution to the roads network challenges as expressed by the PTD. Having recognised that the major reason slowing down the rehabilitation of the road networks in the country is the paucity of funds, the NNPC has expressed interest to invest in the reconstruction of select Federal roads under the Federal Government’s Road Infrastructure Development and Refurbishment Investment Task Credit Scheme.
The thrust of the NNPC’s intervention is to make considerable funds available for the reconstruction of roads through it Future Tax Liability.
NNPC as a responsible corporate entity recognises the legitimate concerns of the PTD, we however appeal to the leadership and members to reconsider their decision in the overall national interest. Accordingly, we urge PTD to immediately call off the strike notice and give the current efforts by government and its agencies a chance to solve the challenges in the interest of all. We also wish to strongly advice Nigerians not to engage in panic buying of petroleum products as the NNPC has sufficient stock to last through this festive season and beyond.
-
Oil and Gas12 hours agoDangote Refinery reduces petrol price to N1,200 per litre
-
Finance12 hours agoFirstBank empowers SMEs with AI-driven growth strategies, hosts SMEConnect webinar
-
News12 hours agoAfreximbank launches inaugural accelerator programme cohort to scale Africa’s Digital trade ecosystem
-
Economy12 hours agoWBG working with governments, private sector, regional partners, stakeholders to help solve Middle East war challenges challenges
-
News12 hours agoPower sector reforms attract $2bn investments – Adelabu
-
News12 hours agoDangote Refinery cautions stakeholders on IPO speculation
-
News12 hours agoAccount for N129.5bn disbursed for botched 2023 Census, BudgiT tackles NPC
-
Finance13 hours agoTotal capital importation rose in Q4 2025, says statistics bureau
