No More Subsidy: Marketers, Refiners Canvas For Full Deregulation of Oil Industry Amid Fuel Scarcity [Video]

• The downstream oil business in Nigeria has been subject to demands for total deregulation from stakeholders
• This is an attempt to get rid of price restrictions that the government put in place because of subsidies
• According to reports, participants talked about the effects of recent rises in the price of petroleum products

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Nigerian refiners, depot owners, and petroleum marketers have demanded complete deregulation of the downstream oil industry in an effort to remove pricing limitations imposed by the government as a result of subsidies.

This information was released during a webinar on Wednesday, September 11, by the Major Energies Marketers Association of Nigeria, in partnership with the Depot and Petroleum Products Marketers Association of Nigeria, …