Full deregulation of petrol price coming, says Fed Govt
Petrol pricing will be fully deregulated before end of this year, Minister of State (Petroleum) Timipre Sylva said yesterday. He spoke amid controversy over whether a new price template of N206 per litre from N162 – N163 for March is about to be introduced. The minister spoke at the University of Ibadan during the opening of the 56th Annual International Conference and Exhibition of the Nigeria Mining and Geoscience Society (NMGS). Sylva said: “We have been talking about deregulation for decades. Unfortunately, we have not succeeded. We have succeeded in deregulating some products. “Kerosene has been fully deregulated; diesel has