The Nigerian Association of Road Transport Owners (NARTO) has called off its planned nationwide strike following a crucial meeting with the Federal Government and stakeholders.
The decision comes as a response to the suspension of operations by tanker drivers amid the economic challenges in the industry, particularly the skyrocketing cost of diesel, which is vital for their trucks.
The strike threat was prompted by the high diesel prices, exceeding N1,250 per litre, driven by the ongoing forex crisis. The meeting aimed to address these concerns, highlighting the delicate balance between transport owners' grievances and the broader economic landscape.
This development provides a reprieve, emphasizing the ongoing challenges faced by the transportation sector in Nigeria.