Fuel marketers in Nigeria have warned they could shut filling stations across the country if the federal government moves to impose petrol price controls, arguing that such a decision would undermine the country’s deregulated downstream oil sector.
The marketers maintain that any attempt to regulate pump prices would reverse the principles of market liberalisation, distort competition, and threaten the viability of businesses operating within the sector. They insist that pricing should remain market-driven, warning that government interference could trigger widespread disruptions to fuel distribution nationwide.
