Moman Reaches Agreement With Narto, To Suspend Strike.
According to an official, Major Oil Marketers Association of Nigeria (MOMAN), has on friday 1 may 2015, reached an agreement with National A...
https://phgistblog.blogspot.com/2015/05/moman-reaches-agreement-with-narto-to_1.html
According to an official, Major Oil Marketers Association of Nigeria (MOMAN), has on friday 1 may 2015, reached an agreement with National Association
of Road Transport Owners (NARTO) to suspend their strike.
According to Executive Secretary of MOMAN, Mr Femi Olawore who made this known to newsmen about the on going strike by Narto, because of Governments refusal to offset the debt owed Narto members over outstanding fuel subsidy payments.
According to Mr Femi, members of the transport association are being owed over #200million by the Marketers. And their inability to clear the debt, made the transport association workers to suspend lifting of products.
However, he said, following the release of
N154 billion to marketers by the Federal
Government as part payment of the
subsidy, they had in turn offset part of the
debt they owed the transporters.
Olawore said that government had yet to
redeem N200 billion it is owing the
marketers as subsidy payment.
He said the the marketers, with the
understanding of NARTO members, had
given government a grace of two weeks to
settle the remaining payments.
"We have scheduled to meet with the
Coordinating Minister of the Economy on
Monday, but if the meeting fails to
address the issue we have tabled, then we
will continue with the action" he warned.
According to him, some of their members
have started receiving payment, adding
that the marketers will pay NARTO in
proportion of what has been received.
Olawore said the marketers were ready
to cooperate with the government but
warned that unless the payment was
made in two weeks, the marketers would
return to their action.
Curled from www.vanguardngr.com
of Road Transport Owners (NARTO) to suspend their strike.
According to Executive Secretary of MOMAN, Mr Femi Olawore who made this known to newsmen about the on going strike by Narto, because of Governments refusal to offset the debt owed Narto members over outstanding fuel subsidy payments.
According to Mr Femi, members of the transport association are being owed over #200million by the Marketers. And their inability to clear the debt, made the transport association workers to suspend lifting of products.
However, he said, following the release of
N154 billion to marketers by the Federal
Government as part payment of the
subsidy, they had in turn offset part of the
debt they owed the transporters.
Olawore said that government had yet to
redeem N200 billion it is owing the
marketers as subsidy payment.
He said the the marketers, with the
understanding of NARTO members, had
given government a grace of two weeks to
settle the remaining payments.
"We have scheduled to meet with the
Coordinating Minister of the Economy on
Monday, but if the meeting fails to
address the issue we have tabled, then we
will continue with the action" he warned.
According to him, some of their members
have started receiving payment, adding
that the marketers will pay NARTO in
proportion of what has been received.
Olawore said the marketers were ready
to cooperate with the government but
warned that unless the payment was
made in two weeks, the marketers would
return to their action.
Curled from www.vanguardngr.com
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