The recent increase in retail prices of PMS has been met with calls for a full and transparent deregulation of the downstream oil and gas sector.
PPP is required to ensure policies that will drive investments are implemented.
The Minister noted that the removal of fuel subsidy will save Nigeria up to a trillion every year.
Who will be the leaders in an industry with such huge potentials that have remained mostly untapped?
The Minister said it was unrealistic for the government to continue with the subsidy regime.
The Presidency yesterday announced a reduction in the price of Premium Motor Spirit (PMS) to N125 from the current price of N145.
The Case for Deregulation We probably all agree, to varying degrees, on the need for a full deregulation of the Premium Motor Spirit (popularly known as...