False Steps of Oil Deregulation

There are regrettable flaws in recent government moves to deregulate the downstream oil sector. The cost to the nation is equally regrettable.    When on October 10, Mr. Aminu Babakusa, the Group Executive Director, Commercial and Investment of Nigerian National Petroleum Corporation (NNPC), announced November 1, 2009 as the date for commencement of the full deregulation of the sect...

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