NIPCO reopens, begins loading of petrol

Fuel-dispencer06 April 2014, Lagos – The Nigerian Independent Petroleum Company (NIPCO) reopened over the weekend after 13 days of closure, the News Agency Nigeria (NAN) reports.

An official of the company, who spoke on anonymity, told NAN in Lagos that the company was reopened following the intervention of the State Security Service (SSS).

“The meeting took place at Abuja last Thursday, where all the aggrieved parties were represented.

“Although the meeting continues today (Friday), SSS directed that the company should be reopened immediately while amicable resolution of the dispute would be sorted out,” the official.

The official said the company was reopened at about 10.30 a.m, adding that the loading of petroleum products had started for distribution to marketers.

He said the reopening of the company would further ease the scarcity of petroleum products experienced in some parts of the country.

NAN reports that over 200 trucks had been loaded with petroleum products for distribution to marketers.

It would be recalled that NIPCO was shut by the National Union of Petroleum and Natural Gas Workers (NUPENG) on March 24 following a dispute over who heads the company union.



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