The Nigerian Association of Road Transport Owners (NARTO) has halted its plans for a nationwide strike, directing its members to commence operation immediately.
The suspension came after a Monday meeting between the Federal Government, stakeholders, and tanker drivers, who had ceased operations and halted the lifting of petroleum products due to severe economic conditions.
Members of NARTO had issued threats to shut down operations nationwide starting Monday, protesting against the soaring prices of Automotive Gas Oil, also known as diesel, which fuels their trucks for transporting petroleum products throughout Nigeria.
As with Premium Motor Spirit, better known as petrol, that has escalated to over N600 per litre, diesel prices have also soared, primarily because of the forex crisis affecting the country.
Diesel is now trading at above N1,250 per litre in Nigeria.