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The Nigerian National Petroleum Corporation has committed to spend N621bn on road rehabilitation, following the suspension of the planned strike by the National Union of Petroleum and Natural Gas Workers, our correspondent gathered on Tuesday. The PUNCH had recently reported that NUPENG threatened its petroleum tanker drivers would commence a strike on October 11 over the deplorable state of the nation’s highways and other issues. But the planned strike was later suspended after the union and the management of the NNPC reached an understanding at a meeting held in Ibadan, Oyo State on October 10. The union said it would not hesitate to embark on the strike without any notice if the understanding reached in the meeting was not fully implemented within the timeframe agreed. According to a document obtained by our correspondent, the management of NNPC resolved during the meeting to finance the rehabilitation of some critical roads through the Road Infrastructure Tax Credit scheme in collaboration with the Federal Ministry of Works and Housing and the Federal Inland Revenue Service to repair 16 road segments at an estimated sum of N621bn.

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