Oil marketers in Nigeria have agreed to call-off their strike with immediate effect. They have also agreed to commence the immediate lifting of petroleum products across Nigeria in the next six hours.
This is contained in an agreement brokered by the Nigerian Senate after a meeting between the oil marketers and the Federal Government.
Chairman of the Senate Committee on Downstream, Senator Magnus Abe announced this at the end of the meeting at the National Assembly complex in Abuja on Monday.
The agreement also states that the Department of Petroleum Resources (DPR) should immediately revoke the license of any oil marketer that refuses to lift petroleum products across Nigeria.
With this development, PENGASSAN, NUPENG, MOMAN, IPMAN and all other officials also addressed the press where they affirmed the resolutions and agreement.
The Minister of Finance, Ngozi Okonjo-Iweala was present at the hearing and endorsed the agreement on behalf of the Federal Government.