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Deregulation of the downstream oil & gas sector in Nigeria is one topic that has been on for so long, you will be forgiven for thinking it's a yearly ritual in the country.
#FixOurOil
#FixOurOil
Over the years, successive attempts by various government administrations have failed in delivering a fully deregulated downstream market that should be based on the basic economic principle of DEMAND and SUPPLY.
#FixOurOil
#FixOurOil
In March 2020, downstream oil & gas sector regulators announced the implementation of the deregulated system of the sector. This meant that prices of petroleum products will be determined by the international price & the demand & supply
#FixOurOil
#FixOurOil
