For deregulation to benefit ordinary Nigerians, there must be competition, but that will be stifled if the provision restricting independent importers from importing petrol in the Petroleum Industry Act (PIA)
Nigeria has enacted a new oil sector law that prescribes full deregulation of the downstream oil sector, but for this to happen, the government must allow marketers easier access to foreign exchange and fix a provision in the law giving only refiners the right to import products, industry operators
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.
