The Nigerian Association of Road Transport Owners, NARTO, has suspended its planned nationwide strike.
The suspension comes after a meeting with the Federal Government and stakeholders on Monday.
NARTO had issued a strike notice over economic conditions affecting tanker drivers.
The association’s members had threatened a countrywide shutdown starting on Monday due to the exorbitant cost of automotive gas oil (diesel), which is essential for fueling their trucks in transporting petroleum products across Nigeria.
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The price of diesel hit N1,226.69 per litre last week.
