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 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.



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