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BREAKING: Fuel scarcity hits FCT as NARTO stops lifting products
By Francesca Hangeior
Long queues resurfaced on Monday, February 19, at Premium Motor Spirit (PMS) petrol stations in the Federal Capital Territory (FCT) as the Nigerian Association of Road Transport Owners (NARTO) halted tanker operations, citing unsustainable high costs.
The association has notified the Federal Government and Major Energy Marketers Association of Nigeria of its plan to suspend operations.
Monitoring the petrol market on Monday morning, The Nation observed that most petrol stations have shutdown.
The few Independent marketers who opened to customers dispensed the product for between N648 to N670 per litre.
The few Nigerian National Petroleum Company Limited (NNPCL) retail outlets that were opened sold the product for N617 per litre amid endless queues.
Besides, black marketers sold 10 litres for N850 in plastic containers.
Meanwhile, the NARTO President, Alhaji Yusuf Lawal Othman, who spoke with the Nation on phone confirmed that the enforcement of the suspension of operation has just begun.
He said it will culminate in complete stoppage of the haulage of the product.
Details shortly…
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JUST IN: Tinubu Heading For France
President Bola Ahmed Tinubu will depart Abuja on Wednesday for a state visit to France.
According to Bayo Onanuga, Special Adviser to the President on Information and Strategy, President Emmanuel Macron invited his Nigerian counterpart to the European country.
Onanuga said the three-day visit will focus “on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, innovation among others”.
“President Tinubu who will be traveling with the First Lady Sen. Oluremi Tinubu, will be received on Thursday at the 350-year-old French military museum, Les Invalides and Palais de l’Élysée, by Macron and his spouse, Brigitte, for initial ceremonies that will dovetail into bilateral meetings.”
“During the visit, President Tinubu and President Macron will harmonise positions on stimulating more interest in exchange programmes that focus on skill development for youths and improving their competencies in automation, entrepreneurship, innovation, and leadership.
“Both leaders will participate in political and diplomatic meetings highlighting shared values on finance, solid minerals, trade and investments, and communication. They will also witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.
“Brigitte and Nigeria’s First Lady will discuss the latter’s passion for empowering women, children, and the most vulnerable through the Renewed Hope Initiative,” the statement read.
Tinubu and his wife who will be hosted to a state dinner by the French leader before their departure, will be accompanied by top government officials.
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