The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the suspension notice issued by the National Association of Road Transport Owners (NARTO) is justifiable going by the economic realities in the country.
PETROAN President, Billy Gillis-Harry, made this known on Channels Television’s Business Morning show, a segment on the television’s breakfast programme, Sunrise Daily.
NARTO members had threatened shutdown all over the country beginning yesterday (Monday) over the high cost of Automotive Gas Oil also known as diesel which is used to fuel their trucks for the movement of petroleum products across Nigeria.
Like Premium Motor Spirit popularly known as petrol which now sells at over N680 per litre, the price of diesel has skyrocketed of late, no thanks to the forex crisis in the country. At the moment, diesel sells above N1,250 per litre in Nigeria.
PETROAN President, who said he has tried to establish communication with the tanker drivers, said that NARTO has a justifiable reason to have served the notice but what they do not want to have, is more difficulties already to the burdens on Nigerians.
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