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JUST IN: Petrol Tankers Drivers Set to Suspend Strike

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The strike embarked upon by the petrol tankers association is set to be call off any moments from now sources said on Monday

Abuja City Journal reports that NARTO members cite the high cost of diesel required for their operations as the reason for the suspension, emphasizing that operational expenses exceed revenue

NARTO is the umbrella body of all commercial transport owners and operators in Nigeria that are engaged in the business of moving goods, passengers and petroleum products from one place to another throughout the country and in the West African sub-region.

While speaking with Channels Television on Friday, President of the Association, Yusuf Othman, said his members could no longer meet up with the delivery of petroleum products as operational costs currently outweigh earnings.

He explained that what marketers currently pay NARTO members to load and deliver one truck of 40, 000 litres of petroleum product is N1,320 per trip, while actual expenses sit at N1,285,000 per trip.

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