Nigeria’s tanker drivers ended a strike to protest rising operational costs after agreeing to an increase in freight charges with fuel marketers following talks, a union official said on Wednesday.<\/p>\n
The Nigerian Association of Road Transport Owners (NARTO), which groups thousands of truck owners and drivers responsible for distributing fuel nationwide,\u00a0called the action\u00a0on Feb. 19.<\/p>\n
It is demanding an increase in freight charges due to rising operational costs after a recent second devaluation of the naira currency in under a year and the state of the country’s roads.<\/p>\n
“The marketers have made some improvements in the amount they pay us,” NARTO President Yusuf Lawal said by telephone on Wednesday, after the strike was called off late on Tuesday.<\/p>\n
Lawal said the truckers agreed to as much as 20% increase in freight costs, enough to end the strike but the union is still negotiating for a higher rate.<\/p>\n
Under a now scrapped fuel subsidy, the government paid 20.46 naira per litre to fuel deliveries and maintain uniform prices nationwide.<\/p>\n
But the removal of the subsidy ended government’s obligation to pay the freight charges that guaranteed uniformity across Nigeria’s 36 states.<\/p>\n
The increase in freight charges agreed between the union and fuel marketers could lead to a slight increase in fuel prices, especially in the states further north and away from the seaports, said Clement Isong, CEO of Major Energy Marketers Association, a group of big local oil marketers.<\/p>\n
“Everybody will share how they bear the costs. Some marketers will increase their pump price while others will look for cost savings in other areas,” Isong said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Nigeria’s tanker drivers ended a strike to protest rising operational costs after agreeing to an increase in freight charges with fuel marketers following talks, a union official said on Wednesday. The Nigerian Association of Road Transport Owners (NARTO), which groups thousands of truck owners and drivers responsible for distributing fuel nationwide,\u00a0called the action\u00a0on Feb. 19. […]<\/p>\n","protected":false},"author":1,"featured_media":10893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"Reuters","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"0","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"0","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_social_meta":[],"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[32,27],"tags":[175,2111],"class_list":["post-10892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-west-africa","tag-nigeria","tag-nigerian-association-of-road-transport-owners-narto"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/10892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=10892"}],"version-history":[{"count":0,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/10892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/10893"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=10892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=10892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=10892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}