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NNPC coming up with intervention funds for Nigerian bad roads

Published

3 years ago

December 5, 2021

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Trucks owners and drivers experiencing difficulties with movement of petroleum products may begin to ease a sigh of relief after the Nigeria National Petroleum Corporation (NNPC) has assured the transporters that it would come up with an intervention funds that would address issues of bad roads that had affected investments of those transporting petroleum across the country.

It said that the tankers should not resolve to embarking on industrial actions since that would not solve the problem on ground and that their yearnings on bad roads were issues affecting entire facet of Nigerian economy.

The regulator appealed to the drivers not to resolve to going on strike but rather collectively find lasting solutions to the problems, along side governments at all levels

NNPC gave the assurance on Sunday through a statement signed by its Group General Manager, Group Public Affairs Division, Garba Muhammad, and made available to The Guild, saying the selected Federal Government roads would be reconstructed and rehabilitated under the Road Infrastructure Development and Refurbishment Investment Task Credit Scheme.

According to the Corporation, thrust of the intervention is to make considerable funds available for the reconstruction of roads through its Future Tax Liability.

NNPC stated that it understand the legitimate concerns of the transport operators, but appealled that they sheathe their sword.

“Even though it is not the responsibility of the NNPC to build or rehabilitate roads, any disruption in the distribution of petroleum products to different parts of Nigeria will adversely affect the business of the NNPC and endanger energy security, which the country has enjoyed for a long time now.

“We appeals to the leadership and members to reconsider their decision in the overall national interest as well as call off the strike notice, saying we urge that the leadership give the government and its agencies a chance to solve the challenges in the interest of all.

“In recognition of this, the NNPC wishes to assure the Petroleum Tanker Drivers that in addition to the ongoing efforts by other agencies of government, the NNPC has initiated a process that will provide a quick and effective solution to the roads network challenges as expressed by the PTD”.

The corporation, meanwhile, advice Nigerians not to engage in panic buying of petroleum products as the NNPC has sufficient stock to last through this festive seasond and beyond.