FG, following its estimation claims alternatives to petrol, could be much cheaper.
The PIB represents the most comprehensive review of the legal framework for the oil and gas sector in Nigeria.
Many stakeholders hold strongly that new investments in the oil sector is dependent on the passage of the PIB.
Experts give their views as Nigerians grapple with the effects of an increase in petrol pump price.
The PPPRA added that the price of petrol will be determined by the forces of demand and supply.
DAPPMAN insists deregulation will open up the sector for fresh investments, market deepening, diversification, and expansion.
Kerosene would be sold for N160 at depots and diesel is set at N160 per litre in Lagos.
Considering the landing cost of petrol is largely influenced by the prices of crude oil in the international market, we think prospects of continued recovery in...
Petroleum Products Pricing Regulatory Agency says that permits had been given to several OMCs to start importing petrol alongside the NNPC.
Reports state that fuel marketers under the aegis of MOMAN and IPMAN have called on the FG through the PPPRA to raise their margins on petrol...