According to a reports, an
agreement to begin lifting petroleum products has been reached between
Major Oil Marketers Association of Nigeria (MOMAN) and the Federal
Government.
The lifting of petrol products is expected to begin in the next 6 hours or less. Magnus Abe, Chairman of the Senate committee on petroleum resources,
was quoted to have revealed that the resolution was reached after a
meeting with MOMAN, Minister of Finance, Ngozi Okonjo-Iweala, Joseph
Dawha, Group Managing Director of the Nigeria National Petroleum
Corporation (NNPC) and major stakeholders in the oil and gas sector.
In a similar vein, the Nigeria Union of Petroleum and Natural Gas
Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff
Association (PENGASSAN) have also suspended their industrial strike
action.
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