Association seeks government’s intervention in oil sector
The Nigeria
Association of Road Transport Owners (NARTO) on Thursday in Abuja
threatened to withdraw its services nationwide if the Federal Government
fails to tackle the challenges in the oil sector.
Lawal Isah, the
National Operations Coordinator of the association, issued the threat at
a news conference on Thursday in Abuja.He said the association would
only rescind the threat if government granted an immediate bail-out of
the oil industry,by injecting physical funds to assist stakeholders who
are directly involved in the sector.
Mr. Isah said
government must also intervene in the ongoing impasse between some major
indigenous oil marketers and some financial institutions.
He added that,
government should also wade into what he described as a “frivolous
court order’’ obtained through an ‘exparte motion’ which led to the
closure of MRS group’s accounts with all banks in the country.
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