The major oil marketers association of Nigeria (MOMAN) has reached an
agreement with the federal government to begin lifting of petroleum
products across the country “in six hours”.
According to Magnus
Abe, chairman of the senate committee on petroleum resources, the
resolution was reached after a meeting of MOMAN and the committee with
Ngozi Okonjo-Iweala, minister of finance and coordinating minister for
the economy; Joseph Dawha, group managing director of the Nigeria
national petroleum corporation (NNPC) and major stakeholders in the oil
and gas sector.
Also, the Nigeria union of petroleum and natural
gas workers (NUPENG) and the petroleum and natural gas senior staff
association (PENGASSAN) have suspended their industrial actions.
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