The Nigerian Association of Road Transport Owners, on Thursday, vowed to stop lifting petroleum products beginning next week Monday due to the high cost of operations. NARTO members have repeatedly raised concern over the high cost of diesel required to power their trucks for the transportation of petroleum products across the country. Othman said NARTO members had been operating at a loss and it was no longer sustainable for them to endure the losses. The government pays an agreed sum to transporters of petroleum products as bridging claims to ensure equality in the pump prices of these products across states, though this has not been the case. 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.

Source: Punch February 15, 2024 20:11 UTC