Riverine areas, North may pay more for petrol as daily consumption slumps
Full deregulation of the downstream sector of the economy may make consumers in the far north and riverine areas pay more for petroleum products.
‘Government still flirting with subsidy despite deregulation claims’
Oil marketers have said the inability of the Federal Government to unveil legislation that will support claims of deregulation shows that it is still flirting with subsidy, and might be unwilling to adjust prices when oil prices hit certain benchmarks.
‘Deregulation, key to attracting petroleum downstream investments’
Total deregulation of the downstream sub-sector of the country’s petroleum industry will unlock the huge private investment potential and drive sustainable growth operation-wise. These were the views of stakeholders in the industry, who are also perturbed about the huge amount of money spent by Federal Government yearly on subsidy payment for imported petroleum products. They…
‘Full downstream deregulation necessary to attract investment’
Speaking on the Federal Government’s goal is to deregulate the downstream sector of the petroleum industry, Kachikwu said though the government is not there yet, it will continue to fine-tune the process until the goal is achieved.
‘Only operators with deep pockets and competency will survive deregulation’
Unfortunately for us, they paid us the naira at a time we were going through uncertain foreign exchange. Our banks did not access the dollars to liquidate exposures to their correspondence banks.
Spontaneous deregulation tests regulatory gaps in the digital economy
To fill the regulatory gaps in the digital economy, these behemoths have resorted to what could be referred to as spontaneous deregulation.
Operators seek urgent deployment of flexible forex structures to boost economic activities
Operators in the nation’s capital market have urged the Central Bank of Bank (CBN) to urgently deploy structures that would help drive the policy of introducing flexibility ...
Oyo backs fuel deregulation, wants utmost cooperation
The Oyo State government has thrown its full support behind the recently announced deregulation of the downstream sector of the nation’s oil industry, urging workers in its employ ...
37 CS0s plan solidarity march for Fuel Subsidy Removal
“We shall lead Nigerians in a one-million-man solidarity march in Abuja and major cities in Nigeria in support of government’s decision that removed oil subsidy on Monday.”