On Monday, the much-anticipated meeting between the Federal Government, the Nigerian Association of Road Transport Owners (NARTO), and other stakeholders concluded without a consensus.

Prompted by the suspension of operations by tanker drivers, who ceased lifting petroleum products on Monday due to the harsh economic conditions, the government called for the meeting.

However, Minister of State for Petroleum, Heineken Lokpobiri, affirmed that discussions would resume on Tuesday, emphasizing the government's commitment to promptly addressing the nation's economic challenges.

Assurances were given regarding the proactive efforts of the administration led by Tinubu to tackle the current economic crisis effectively.

Reports suggest that NARTO leadership and other oil and gas sector stakeholders are scheduled to convene with National Security Adviser Nuhu Ribadu later on Monday night to preempt the looming fuel scarcity.

READ ASLO: Tanker Drivers Threaten To Stop Petrol Lifting By Monday
The threat of a nationwide shutdown by NARTO members stemmed from the soaring cost of automotive gas oil (diesel), which is crucial for powering the trucks transporting petroleum products across Nigeria.

With diesel prices surpassing N1,250 per litre, akin to the exorbitant costs of Premium Motor Spirit (petrol), which now exceeds N600 per litre, the escalation is primarily attributed to the prevailing forex crisis in the country.