Discover and read the best of Twitter Threads about #deregulatedownstream

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In Nigeria today, PMS pump price keeps defying the law of gravity as it continues to give credence to the saying "when prices go up in Nigeria, they never come down."

#DeregulateDownstream
This is the fate of the Nigerian oil sector. Successive regimes, different strategies & the pump price trajectory is still an upward curve (perhaps even getting steeper). This begs the question.

#DeregulateDownstream
Before any solution is recommended, we have to acknowledge the presence of a problem in the pricing mechanism for petroleum products in Nigeria.

#DeregulateDownstream
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