A fresh crisis in the petroleum downstream sector appears imminent as the Nigerian Association of Road Transport Owners (NARTO) says it has directed all its members to withdraw their petroleum trucks from product-loading activities from Monday, February 19, 2024.
The decision by the association follows operational high operational cost in the industry which has led to its request for oil marketers to review freight charges.
This disclosure is contained in a letter titled dated February 15, 2024, which was signed by its National President, Othman Yusuf, and addressed to the National Union of Petroleum and Natural Gas Workers (NUPENG).