“Fuel Scarcity Looms as FG, NARTO Talks Stall Amid Economic Uncertainty”

Fuel scarcity is on the horizon as the Federal Government’s (FG) meeting with the Nigerian Association of Road Transport Owners (NARTO) and other stakeholders concluded on Monday without reaching an agreement.

The meeting was called in response to the suspension of operations by tanker drivers, who ceased lifting petroleum products on Monday due to harsh economic conditions.

Minister of State for Petroleum, Heineken Lokpobiri, stated that while the engagement would continue on Tuesday, the government is determined not to stand idly by and allow Nigerians to endure further hardship.

The suspension of operations by tanker drivers has been attributed to the high cost of diesel, which is used to fuel their trucks for transporting petroleum products across Nigeria.

As talks between the FG and NARTO remain stalled, the possibility of fuel scarcity looms large.

The situation has sparked concerns among the public as the price of petrol continues to rise, with some sources reporting that it now sells for over N600 per liter.

The ongoing economic uncertainty and the impact of high operational costs have left many in the industry struggling to cope.

In the meantime, the government is actively working to address the current economic challenges in the country.

It remains to be seen whether a resolution can be reached in the ongoing negotiations between the FG, NARTO, and other stakeholders.

As the situation develops, it is crucial for all parties to work together to find a solution that will prevent fuel scarcity and minimize the impact on the Nigerian people.