Tag: NARTO

  • Scarcity looms as NOGASA, NARTO, PETROAN join force over Dangote distribution

    Scarcity looms as NOGASA, NARTO, PETROAN join force over Dangote distribution

    There was palpable fear of the Premium Motor Spirit (PMS) petrol scarcity on Monday as the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Nigerian Association of Road Transport Owners (NARTO) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) insisted on withdrawing their services on Tuesday should Dangote Refinery fail to rescind its decision to distribute products directly to the end-users.

    Speaking in a joint press conference in Abuja, the NOGASA national president, Benneth Korie said the stakeholders are against the direct supply from Dangote in order to avert total scarcity should the refinery breakdown after plunging the market into monopoly.

    He said, “Given the urgency of this matter, we find ourselves with no other choice but to consider withdrawing our services nationwide in solidarity with NUPENG and other stakeholders if this situation remains unresolved.

    “It is hereby directed that all oil and gas suppliers to all construction companies, industries, hotels and telecommunication sites nationwide should withdraw the services with effects from tomorrow 9th September 2025 pending when the matter is resolved.”

    The association called on President Bola Ahmed Tinubu to intervene to avert the industrial crisis and imminent threat to energy security.

    According to him, the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN) are building their refinery that is already at 80% completion to compete with Dangote Refinery.

    He said, “The depot owners, they are almost at 80% ready now to start their own refinery. 80%.

    “Go and find out from the MEMAN and DAPPMAN. They will tell you, they’ve started doing the business. So it’s not as if they are folding their hand.

    He added that the failure of the Nigerian a National Petroleum Company Limited (NNPCL) has taught the industry players a lesson and they have joined force to avert it from Dangote refinery.

    Korie said, “You know what happened to an NNPC teach everybody a lesson? Yes. Okay? So the DAPPMAN, MEMAN, all of them now, joined forces to make sure they get their own refinery. And once this happens, these things will go.”

    In his press statement, the NARTO President Alhaji Yusuf Othman notified stakeholders on the association support for Nigerian Union of Natural Gas and Petroleum Workers (NUPENG) in the ongoing struggle against monopolistic and anti-competition practices being advanced by the Dangote Group in the downstream oil and gas sector.

    He said, “The Nigerian Association of Road Transport Owners (NARTO) wishes to notify all stakeholders and the general public of its firm position in support of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in the ongoing struggle against monopolistic and anti-competition practices being advanced by the Dangote Group in the downstream oil and gas sector.”

    He said NARTO rejects the Dangote’s plan to supply products directly to end-users.

    He said, “While we recognize and appreciate the injection of new trucks and other investments into the petroleum distribution value chain, we must state categorically that NARTO strongly and unequivocally rejects any plan for free distribution of petroleum products.

    “Such an approach is not only unsustainable but is also a deliberate attempt to undermine and eliminate the thousands of independent transporters who form the backbone of Nigeria’s petroleum distribution network.”

    According to him, at present, NARTO members collectively operate more than 30,000 trucks across the country, employing thousands of drivers, assistants, and service providers. 

    He added that the operations sustain millions of dependents and are supported by financial commitments from both local and international banks, as well as marketers and depot owners. 

    Othman insisted that any attempt to eliminate the established distribution structure will lead to loss of investment – Truck owners whose spread cut across the country and were financed by banks, both foreign and domestic.

    He said it will destroy livelihoods leading to mass unemployment for drivers, mechanics, loaders, and others whose survival depends on petroleum distribution.

    Othman said it threatens national security as unemployment and economic displacement of this scale could fuel unrest and instability.

    Continuing he said it will “Jeopardize energy security by concentrating the distribution of petroleum products in the hands of a single entity, thereby surrendering a critical aspect of national infrastructure to private monopoly control.

    Read Also: Dangote Refinery slashes PMS price by N30

    “Exploit consumers in the long run as monopolistic practices will eventually pave the way for price manipulation and supply strangulation through the use of economies of scale.

    “Furthermore, Section 212 of the Petroleum Industry Act (PIA) and the regulatory stance of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) clearly emphasize the need for a level playing field in the downstream sector.

    “To ignore this provision is to endanger fair competition, consumer protection, and the overall health of the Nigerian economy.”

    The PETROAN President Billy Hary said they are protecting the industry from threat to energy security and the jobs of the 30,000 tanker drivers.

  • Sustain refineries’ operations, NARTO urges new NNPCL management

    Sustain refineries’ operations, NARTO urges new NNPCL management

    The Nigerian Association of Road Transport Owners (NARTO) yesterday called on the new management of the Nigerian National Petroleum Company Limited (NNPCL) to sustain the functionality of the national refineries.

    NARTO said its activities thrive on the haulage of petroleum products.

    The call was contained in a press statement the association issued to commend President Bola Ahmed Tinubu on the appointment of the management team.

    The NARTO National President, Alhaji Yusuf Lawal Othman who signed the statement urged the new management to remain innovative and steadfast in the face of the present global  challenges in the oil and gas industry.

    He sought the sustenance of the long standing relationship of the association with the NNPCL by the new management.

    The statement reads in part: “The Nigerian Association of Road Transport Owners (NARTO) at the weekend commended President Bola Ahmed Tinubu on his appointment of a seasoned technocrat, Engr. Bayo Ojulari as the Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL).

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    “While congratulating the GCEO with able team of technocrats, NARTO depicted the management as a round peg in a round hole.

    “In addition, NARTO commended the entire new senior management team of NNPCL, which is headed by the GCEO, Mr Bashir Bayo Ojulari, Rowland

    Ewubare as Group Chief Operating Officer; Adedapo Segun as Group Chief

    Financial Officer; and Olalekan Ogunleye as Executive Vice President Gas, Power & New Energy.

    “The association also extended the commendation to the other members of the team : Udy Ntia as Executive Vice President Upstream;

    Mumuni Dangazau as Executive Vice President Downstream; Sophia Mbakwe as Executive Vice President Business Services; and Adesua Dozie, as Company Secretary & Chief Legal Officer.

    “The NARTO National President, Alhaji Yusuf Lawal Othman in a press statement described Ojulari as a seasoned industry player, capable of sustaining the enviable height his predecessor, Malam Mele Kyari steered the state-owned company to.

    “With Ojulari’s robust wealth of experience in the industry, it is glaring that President Tinubu made a befitting appointment to build on the present positive records of the NNPCL. 

    “Assuming office at the time the oil and gas industry is contending with different global challenges as low prices, output and infrastructure challenges, we urge the new NNPCL management to be steadfast and innovative to weather the storm.

    “With the national refineries restarting  operations recently, we enjoin NNPC to sustain their functionality because NARTO thrives on product haulage.

    “As we extend a hand of fellowship to the Ojulari led management, NARTO looks forward to the sustenance of its long-standing harmonious working relationship with  company.”

  • NARTO urges new NNPCL management to sustain functionality of refineries

    NARTO urges new NNPCL management to sustain functionality of refineries

    …commends Tinubu on making befitting appointment

    The Nigerian Association of Road Transport Owners (NARTO) on Sunday called on the new management of the Nigerian National Petroleum Company Limited (NNPCL) to sustain the functionality of the national refineries.

    NARTO said its activities thrive on the haulage of petroleum products.

    The call was contained in a press statement the association issued to commend President Bola Ahmed Tinubu on the appointment of the management team.

    The NARTO National President, Alhaji Yusuf Lawal Othman who signed the statement urged the new management to remain innovative and steadfast in the face of the present global challenges in the oil and gas industry.

    He sought the sustenance of the long standing relationship of the association with the NNPCL by the new management.

    Read Also: Yusuf resolves Kano graduates‘ certificates crisis abroad with N2.5 billion

    The statement reads in part: “The Nigerian Association of Road Transport Owners (NARTO) at the weekend commended President Bola Ahmed Tinubu on his appointment of a seasoned technocrat, Engr. Bayo Ojulari as the Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL).

    “While congratulating the GCEO with able team of technocrats, NARTO depicted the management as a round peg in a round hole.

    “In addition, NARTO commended the entire new senior management team of NNPCL, which is headed by the GCEO, Mr Bashir Bayo Ojulari, Rowland
    Ewubare as Group Chief Operating Officer; Adedapo Segun as Group Chief
    Financial Officer; and Olalekan Ogunleye as Executive Vice President Gas, Power & New Energy.

    “The association also extended the commendation to the other members of the team : Udy Ntia as Executive Vice President Upstream;
    Mumuni Dangazau as Executive Vice President Downstream; Sophia Mbakwe as Executive Vice President Business Services; and Adesua Dozie, as Company Secretary & Chief Legal Officer.
    “The NARTO National President, Alhaji Yusuf Lawal Othman in a press statement described Ojulari as a seasoned industry player, capable of sustaining the enviable height his predecessor, Malam Mele Kyari steered the state-owned company to.

    “With Ojulari’s robust wealth of experience in the industry, it is glaring that President Tinubu made a befitting appointment to build on the present positive records of the NNPCL.

    “Assuming office at the time the oil and gas industry is contending with different global challenges as low prices, output and infrastructure challenges, we urge the new NNPCL management to be steadfast and innovative to weather the storm.

    “With the national refineries restarting operations recently, we enjoin NNPC to sustain their functionality because NARTO thrives on product haulage.

    “As we extend a hand of fellowship to the Ojulari led management, NARTO looks forward to the sustenance of its long-standing harmonious working relationship with company.”

  • Maritime, transport unions suspend planned strike over port operations 

    Maritime, transport unions suspend planned strike over port operations 

    …unions acknowledge role of relevant agencies in facilitating negotiations

    The planned three-day industrial action that threatened to disrupt port activities in Apapa has been put on hold as the Maritime Workers Union of Nigeria (MWUN) and two major transport unions—the National Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO)—have suspended their service withdrawal. 

    The unions had issued a strike notice on February 24, 2025, citing grievances over what they described as “exploitative activities” by the Lagos State Committee on Removal of Abandoned Vehicles and the Special Traffic Management Committee and Enforcement Team operating within the Apapa port corridor. 

    They had accused these agencies of subjecting truck drivers to “incessant harassment, bullying, and imposition of unregulated outrageous penalty charges” while transporting goods through the Apapa and Tin Can port access roads. 

    However, in a joint statement released yesterday, MWUN, NARTO, and AMATO confirmed that they had decided to suspend the planned strike following interventions by the Lagos State Government and key maritime stakeholders. 

    The statement, signed by the Secretaries-General of the three unions—Adoga Ogbogo (NARTO), Bala Muhammed (AMATO), and Oniha Erazue (MWUN)—commended the government for its swift response and invitation to an urgent meeting to address their concerns. 

    Read Also: NMU Governing Council applauds Tinubu for signing Maritime University Bill into law

    The unions also acknowledged the collaborative role played by the Federal Ministry of Marine and Blue Economy, the Nigerian Ports Authority (NPA), the Nigerian Shippers Council (NSC), the Nigeria Customs Service, and other regulatory bodies in facilitating discussions toward resolving the crisis.

    “We note and appreciate the timely response of the Lagos State Government for quickly sending out meeting invites to us in respect of this burning issue. We also appreciate the Ministry of Marine & Blue Economy, Nigerian Ports Authority, Nigeria Shippers Council, Nigeria Customs Service and other authorities who have joined hands with us to immediately commence dialogue with the Lagos State Government with a view to procuring lasting solution to our plight,” the statement read. 

    They further informed their members, relevant authorities, and the general public that the planned industrial action would remain on hold pending the outcome of ongoing discussions with the state government. 

    In light of this development, they urged their members to maintain order, adhere to the law, and proceed with their daily activities as negotiations progress toward a resolution.

  • Accidents: NARTO invests in advanced safety technologies to mitigate risks

    Accidents: NARTO invests in advanced safety technologies to mitigate risks

    The Nigerian Association of Road Transport Owners (NARTO) yesterday said owing to the high stakes involved in its haulage business, it has been compelled to invest in advanced safety technologies to mitigate the risks.

    Its national president, Alhaji Yusuf Lawal Othman made this known during the NARTO 25th Annual General Meeting (AGM) in Abuja.

    Recalled that the Federal Government has been taking measures to reduce fuel tanker accidents to zero percent.

    Similarly, Othman revealed that the consequences of safety failures in petroleum transportation are profound. Accidents, he said, can lead to catastrophic spills, explosions, and fires that not only threaten human lives but also cause extensive environmental damage.

    He added that beyond the immediate dangers, such incidents result in significant financial losses, legal liabilities, and a loss of public trust.

     He however stressed that “The high stakes involved compel us to adopt proactive measures and invest in advanced safety technologies to mitigate these risks.”

    He urged the Federal Government to step up its efforts at sensitizing the public to stop rushing to scoop spilled Premium Motor Spirit (PMS) petrol from accident scenes.

    His words: “I, therefore, call on the government to double its effort in sensitizing the public against rushing to scoop petrol at accident scenes. This unwholesome act not only exposes them to the danger of death but also places the lives of other innocent passers-by and those residing nearby getting caught in the impending inferno.”

    He commended President Bola Ahmed Tinubu for his commitment to revamping road infrastructure in the country and the provision of Compressed Natural Gas (CNG)-powered vehicles to subsidize transportation for our teeming masses.

    Assessing Nigeria’s Economic Landscape, he recalled that over the past year, Nigeria’s economy has faced considerable headwinds.

    According to him, Year-on-year headline inflation surged by 5.87%, climbing from 28.92% in December 2023 to 34.80% in December 2024.

    Continuing, he said this persistent rise in inflation has eroded purchasing power, increased operating costs, and strained household incomes.

    Read Also: P-CNGi has deployed 160 buses through NARTO, NURTW, others, says CEO

    For the road transport sector, the impact has been profound, he said, stressing that the cost of diesel-a critical input for our operations- rose by 28.48%, from N1,127 to N1,448 per litre within the same period.

    H added that the naira depreciated by 40.09% in the foreign exchange market, from N997 to N1,535 to the US dollar, further escalating maintenance costs, vehicle spare parts importation costs, and overhead expenses.

    He however said on a positive note, Nigeria’s GDP grew by 2.31% during this period, reflecting some underlying economic resilience.

    Othman noted that however, this modest growth is counterbalanced by the broader pressures from global economic trends and fluctuations in the oil market, which continue to ripple through our domestic economy.

    In his goodwill message, the Independent Petroleum Marketers Association of Nigeria (IPMAN) National President, Alhaji Abubakar Maigandi said the Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri has changed product scarcity to availability.

    He pledged his association’s support for NARTO for its contributions to the economic development of the country.

    In his keynote address, Lokpobiri called on the stakeholders in the petroleum transport sector to ensure only roadworthy and well-maintained tankers are permitted to operate.

    He urged the stakeholders to implement stiff internal safety policies.

    Lokpobiri said, “As key players in the petroleum transport sector, I urge you to commit to the following actions:

    Ensuring that only roadworthy and well-maintained tankers are allowed to operate.

    “Implementing stringent internal safety policies for fleet management.

    Conducting regular medical check-ups for drivers to assess fitness for duty.

    “Adopting technology-driven safety measures, such as onboard speed limiters and driver fatigue monitoring systems.”

    On the progress in the downstream sector, the minister said the deregulation of the sector has led to the availability of petroleum products nationwide.

    He said supply challenges in the sector have become history because of the availability of multiple access to the product.

    Lokpobiri said, before concluding, “I must highlight some of the gains we have achieved in the downstream sector since this administration came on board. Chief among them is the deregulation of the petroleum downstream sector, which has led to significant improvements in the availability of petroleum products nationwide.

    “Today, supply is no longer an issue. Nigerians now have access to multiple sources of petroleum products, fostering healthy competition and driving efficiency in the sector.

    “This government remains committed to implementing policies that will strengthen the industry, ensuring its continued growth and sustainability.”

    Meanwhile, the Federal Road Safety Corps (FRSC) Deputy Corp, Human Resources, A. Akinlade sought the deployment of speed-limiting devices to reduce speed and make the highway safer.

    He charged NARTO to install safety valves in the tankers.

  • NARTO, IPMAN disown ADITOP

    NARTO, IPMAN disown ADITOP

    The Nigerian Association of Road Transport Owners (NARTO) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have disowned a new group, Association of Distributors and Transporters of Petroleum Products (ADITOP), ahead of its meeting scheduled for tomorrow.

    It was learnt that ADITOP, at an emergency meeting of its Board of Trustees (BoT) and patrons scheduled for tomorrow in Abuja, pledged assistance to truck owners and how to address challenges facing marketers.

    But in separate statements by Alhaji Yusuf Lawal Othman and Abubakar Maigandi, NARTO and IPMAN claimed the new association has an ulterior motive – to allegedly disrupt the industrial harmony in the downstream oil sector.

    NARTO President Othman described ADITOP as a strange association with no relationship with transporters of petroleum products in the country.

    He noted that the new association is unknown, adding that NARTO is the only registered association accorded recognition to transport petroleum products and it has a good working relationship with other industry stakeholders.

    Read Also: MOSOP disowns call to remove HYPREP Coordinator

    He said: “Our attention has been drawn to the new association which has fixed a meeting of its members for Abuja on Thursday. We have observed that part of the agenda of their meeting was to discuss the interest and welfare of truck owners and their drivers.

    “We wish to put the federal government and all the relevant regulatory agencies in the oil industry on notice that ADITOP is not known to us.

    “NARTO is the only registered association accorded recognition to transport petroleum products  and we have a good working relationship with Major Energies Marketers Association of Nigeria, (MOMAN), the Indepedent Petroleum Marketers Association of Nigeria (IPMAN) and the Depots and Petroleum Products Marketers Association of Nigeria ( DAPPMAN) being the transporters of their products.

  • NARTO seeks FG intervention on Oyo-Ogbomosho highway

    NARTO seeks FG intervention on Oyo-Ogbomosho highway

    The Nigerian Association of Road Transport Owners (NARTO) has called on the Federal Government to urgently rehabilitate the Oyo-Ogbomosho highway.

    It said the call is to avert the explosion of  petroleum products from the trucks as recorded in Jigawa State a few days ago.

    The association’s President, Alhaji Yusuf Lawal Othman, made this known in his letter dated 18th October, 2024 to Minister of Works, Engr. David Umahi.

    The letter titled: “Urgent attention needed on Oyo-Ogbomosho Highway,” drew government’s attention to the worsening state of the road.

    The NARTO boss insisted that urgent and immediate attention on the road have become expedient to forestall collosal damage of lives and property.

    “We wish to commend the federal government for its commendable efforts to rehabilitate roads and highways across the country, however, we write to bring to your esteemed attention the worsening condition of the Oyo-Ogbomosho Highway, which has been holding traffic to a standstill for several days.

    “There is an urgent and immediate need for accelerated attention on this critical road,” Othman wrote. 

    Read Also: NARTO, NURTW seek patience with Tinubu

    The NARTO president said  Oyo-Ogbomosho Highway plays a significant role in Nigeria’s economic and social development, serving as a key artery for the movement of goods, passengers and essential services between the north and south

    According to him, already, the highway’s deteriorating condition has caused severe gridlock, resulting in extended travel delays, economic losses and heightened safety risks. 

    He recalled that the Soun of Ogbomosho, H.H. Oba Ghandi Afolabi Olaoye assisted with some palliative work to make the road motorable at some time in the past. 

    He lamented the consequences of the state of the road collapse are felt not just by NARTO members but the entire population that depends on the road for their daily activities.

    Describing the road as perilous, he reminded the government of the inflammable products that are stranded in the middle of nowhere and how disastrous their explosion could be.

  • NARTO resumes operation as freight rate increases

    NARTO resumes operation as freight rate increases

    • Payment of bridging claims to marketers begins

    Nigerian Association of Road Transport Owners (NARTO) yesterday resumed operations    after a two-day strike.

    National President, Yusuf Othman, said this in Abuja after a meeting with Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri; Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA); representatives of Major Energy Marketers Association of Nigeria (MEMAN), Independent Petroleum Marketers Association of Nigeria (IPMAN) and others.

    Othman also confirmed that marketers have increased the freight rate of Premium Motor Spirit (PMS) from N32.

    He noted since the marketers were still calculating the actual figure, he could not state the rate, saying the association would direct members to start lifting petrol.

    He said: “I confirm that that we have reached some meeting point with marketers. They have provided additional increase to our present freight rate, but there is room for improvement.

    “At this point, we have agreed to suspend withdrawal of operations. We will begin operation immediately.”

    Read Also: BREAKING: NARTO resumes operation as freight rate increases

    Lokpobiri noted that owing to the stakeholders engagement, the strike has been suspended.

    He said: “I announce to Nigerians that after consultations with stakeholders, we have concluded that the strike should be called -off.”

    The minister said issues raised by the association were addressed, stressing the government has begun payment of outstanding bridging claims.

    He pledged that by mid March, government would have finished paying claims.

    “We have started paying bridging claims. As we get more money, we will pay.

    “By mid-March, we would have been done with payment. We asked those owing to pay so members supplying products will be able to do that,” he added.

    Similarly, the NMDPRA boss confirmed that the freight rate was increased for the association due to the increase in the cost of fueling trucks and cost of diesel. He noted that since the last freight increase in March 2022, the price of diesel has risen from N700 per litre to N1,400 today.

    He explained that as NARTO requested for increased in freight, the Authority advised it to engage the marketers whom they service to increase the rate.

  • BREAKING: NARTO resumes operation as freight rate increases

    BREAKING: NARTO resumes operation as freight rate increases

    Arising from a stakeholder meeting on February 20, the Nigerian Association of Road Transport Owners (NARTO) confirmed that it has resumed operations after down tooling for two days.

    Its national president, Alhaji Yusuf Lawal Othman, broke the news in Abuja after a meeting with the Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri; the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA); representatives of the Major Energy Marketers Association of Nigeria (MEMAN), Independent Petroleum Marketers Association of Nigeria (IPMAN) and others.

    Read Also: NARTO notifies NMDPRA, DSS, MEMAN on withdrawal of operations today

    The NARTO boss also confirmed that the marketers have increased the freight rate of the Premium Motor Spirit (PMS) from N32.

    He said since the marketers were still calculating the actual figure, he could not state a particular amount of the new freight rate.

    He noted that the association would direct its members to start lifting petrol immediately.

    Details shortly…

  • NARTO threatens to stop lifting fuel as from Monday

    NARTO threatens to stop lifting fuel as from Monday

    Premium Motor Spirit (PMS) petrol May become scarce anytime soon.

    This is because the leadership of the Nigerian Association of Road Transport Owners (NARTO) has threatened to suspend operations as from Monday.

    NARTO National President Yusuf Lawal Othman announced this in a statement yeterday in Abuja.

    The association is responsible for the haulage of petroleum products throughout the country.

    Othman said the statement was the association’s official announcement from its headquarters as the members would park their trucks as from Monday.

    He said: “Why? (It’s) Because what we spend on operation is more than what we get in total: both in local and bridging.”

    According to him, the members have been operating at a loss, and it is no longer sustainable for them to endure the losses.

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    Othman said: “We will have to suspend operations, latest from now till on Monday. We cannot continue to operate at a loss. Most people have parked (their trucks). A lot more are going to park.

    “But from the point of the association itself, we are going to suspend operations on Monday.”

    The union leader said NARTO’s efforts at soliciting the intervention of the Federal Government and industry stakeholders had not yielded positive results.

    He said the association had complained about the unbearable cost of operation to the Chief of Staff to the President; the Minister of Petroleum Resources; Director General of the Department of State Services (DSS); the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) Chief Executive Officer; the Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer; and petroleum marketers.

    Othman explained that despite the notification to the stakeholders, the union had received “no response” from any of them.

    Analysing the market situation, which he said the members had endured for several months, the union leader recalled that the same freight rate that was in force during President Muhammadu Buhari’s administration was still subsisting.

    According to him, the N32 Lagos to Abuja freight rate that was implemented while the dollar was N650 had been retained when the dollar rose to N1,615.

    Othman added: “Everybody is aware that all our consumables, in terms of operation, are not produced in the country. So, by virtue of the rate of dollars, every consumable has increased. But the freight they are paying us has been the same, even during Buhari’s time.

    He added: “What I mean by local is that you load in Lagos and you discharge in Lagos. And for bridging, you load from Lagos and you come to Abuja. For Lagos to Lagos, we are paid N120,000.

    “For AGO (diesel) alone, to distribute fuel within Lagos, it costs N140,000 because it is N1,400 per litre. So, they give you N120,000 and you spend N140,000. So, how do you want to operate?

    “This is without the cost of the vehicles, the cost of loading, the driver’s allowance. That is for local. For bridging, Lagos to Abuja, for example, they gave us N32.

    “If you have a truck of 40,000 litres, you are talking of N1,280,000 to N1,216,000. Less than 5 per cent of the amount of N1,280,000; with withholding tax at N64,000; less N55,000 loading expenses and N15,000 driver’s allowance. The total expense is N134,000 while the balance is N1,146,000. AGO is N1,400 for 900 litres, totalling N1,260,000. There is a total loss of N114,000.

    “The diesel that you use from Lagos to Abuja is 900 litres. So, when you use 900 litres at N1,400, that will be N1,260,000. So, it is by far more than what we are paid.

    “Meanwhile, the cost of a new truck head and tank is N95 million and a used type is N50 million. So, imagine the amount invested on each truck.”