Fuel Tanker Drivers Suspend Strike In Lagos

'Dotun Akintomide
Writer
PMS: NMDPRA Intensifies Surveillance To Ensure Supply, Prevent Adulterated Product

Ad

Oil Prices Rally as the Geopolitical Risk Premium Rebuilds

Light crude oil futures rose for the week, closing Thursday at $63.52, up $1.54 or +2.48% from last Friday’s close, as geopolitical tensions, bullish inventory data, and renewed demand optimism drove a shift in market sentiment. The recovery followed two weeks of selling pressure and marked a return of bullish interest as supply-side risks reentered…

Japan designates Kisarazu as official hometown for Nigerians

In a landmark move to boost cultural ties and economic cooperation, the Government of Japan has designated the city of Kisarazu as the official hometown for Nigerians wishing to live and work in the country. The announcement was made on Thursday on the sidelines of the Ninth Tokyo International Conference on African Development (TICAD9), held…

FG to raise N200bn through two bond offers at August auction

By Obinna Uballa The Debt Management Office (DMO) has announced plans to raise N200 billion through two Federal Government bond offerings scheduled for auction on August 25, 2025. According to a notice issued by the DMO on Friday, the subscription price for each bond is fixed at N1,000 per unit, with a minimum subscription requirement…

Ad

By Gbenga Abulude

Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) who are in charge of the fuel tanker drivers, have suspended their strike in Lagos State.

The decision to suspend strive was made on Monday following a meeting between its leadership and representatives of the Lagos state government.

At the end of the meeting, a communique jointly signed by the Commissioner of Energy and Mineral Resources, Mr Olalere Odusote, and the Deputy National President of NUPENG, Mr Solomon Kilanko, was released.

Read also: APC: Tinubu’s Continued Stay ‘ll Diminish Yorubaland, Says Ayo Adebanjo

The document contains the seven agreements reached by the union and the government which lead to the suspension of the industrial action of the tanker drivers in the state.

Both parties resolved that the state government would meet with the heads of all security agencies and secure their commitment to ensuring the free passage of petroleum products vehicles given their importance to the economy.

They also agreed to tackle the menace of ‘area boys’ by engaging the government agencies in charge.

Read also: Fraud Allegations: Step Aside For Investigation, PDP Tells Lagos Speaker, Obasa

Also extra-ordinary levies issued by a particular local government will be investigated and if found true, the local government authorities will be ordered to collect the required leviy.

A dedicated phone number will be made to ensure that the fuel tanker transporters, have prompt access to security agencies.

It reads in part: “Lagos State will, within the next one week, review the restriction of the timing of movement of the petroleum tankers and advise a resolution to ease their access to the tank farms. Union also notes that the ongoing road works are a temporary inhibitor of movement.

NUPENG, also promised to ensure all tankers were loaded within the capacities provided for in the regulation and communicated by the Department of Petroleum Resources (DPR).

A copy of the communique issued after the meeting is pasted below:NUPENG new

Ad

X whatsapp