Following the economic challenges hitting hard on Nigerians, Christian leaders under the umbrellas of Clerics Congress of Nigeria (CCN) and Renewed Hope
Don t Halt Deregulation of Petrol, CSOs Tell FG quicknews-africa.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from quicknews-africa.net Daily Mail and Mail on Sunday newspapers.
Baba Alkasim Baba urges labour to review its hard stance on deregulation of the downstream sector
Nigerians across Abuja, Suleja, Kano, Lagos, Enugu and Port Harcourt recently experienced heart-rending petrol scarcity arising from public fears of a speculated increase in the pump price of petroleum, an ugly spectacle which many thought was history.
Not even the often-repeated assurances by the Nigerian National Petroleum Corporation (NNPC) that the ex-depot price of the commodity will not be increased this month could dissuade desperate motorists from thronging fuel stations in search of elusive commodity.
Industry watchers had assumed that the deregulation of downstream oil sector since last March meant that petrol sale would be market-driven, apart from sanitizing the petroleum products supply system and insulating it from intermittent shocks. To a large extent, that had been achieved.