The Nigerian National Petroleum Corporation (NNPC) on Wednesday disclosed that following its engagement with stakeholders on the poor state of roads across the country, an agreement has been made to intervention in critical road rehabilitation through the Federal Government(FG) Tax Credit Scheme.
It said this was a follow-up to its efforts in sustaining the current smooth supply and distribution of petroleum products nationwide within the festive period and beyond.
The development is premised on the decision of petroleum tanker drivers across the country to embark on strike action last Monday due to the poor state of the country’s road network.
However, the planned strike action was suspended by the Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum & Natural Gas Workers (NUPENG) following the Corporation’s intervention over the weekend.
In a statement issued by the NNPC Spokesperson, Mr. Garba Deen Muhammad, in Abuja, the NNPC said it has engaged critical stakeholders so as to find lasting solutions to the road network challenges and other lingering issues.
According to the statement, the Corporation’s Group Managing Director, Mallam Mele Kyari, had on Tuesday met with major stakeholders’ where it pledged to support the PTD and NARTO in carrying out quick intervention fixes on some strategic bad spots identified to enable unhindered movement of trucks for transportation of petroleum products nationwide.
The meeting was attended by the NNPC, the Petroleum Tanker Drivers (PTD), the National Association of Road Transport Owners (NARTO), Department of Petroleum Resources (DPR), Federal Ministry of Works, Federal Inland Revenue Service (FIRS), Department of State Services (DSS), Federal Road Safety Corps (FRSC) and Nigeria Union of Petroleum & Natural Gas Workers (NUPENG).
The statement quoted Kyari as saying that: “We are committed to utilising the Federal Government’s Tax Credit Scheme to rebuild some of the affected roads in line with Mr. President’s Executive Order 7. Upon our fruitful deliberations today, the NNPC has pledged to support the PTD and NARTO in carrying out quick intervention fixes on some strategic bad spots identified to enable unhindered movement of trucks for transportation of petroleum products nationwide.
Established under FG’s Executive Order 7 of 2019, the Road Trust Fund Policy/Tax Credit Scheme gives private sector operators an opportunity to fund critical infrastructure with the government.
It further said stakeholders also agreed to enforce mandatory installation of safety valves in all petroleum product trucks in the country effective February 1, 2022, with the full commitment given by NARTO.
Also, it noted that the meeting frowned at the abuse of axle load or tonnage limits, with the NNPC agreeing to engage the Nigerian Customs Service for enforcement of preventing the importation of tanks that exceed 45,000 litres capacity.
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