Oil sector must be deregulated – Governor Dapo Abiodun

Oil sector must be deregulated – Governor Dapo Abiodun

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Ogun State Governor, Prince Dapo Abiodun believes the petroleum sector needs to be deregulated to make funds available for the provision of basic amenities to the people.


He made the admission while receiving members of the Depot and Petroleum Marketers Association of Nigeria (DAPPMAN), who paid him a courtesy visit at his Oke-Mosan office, Abeokuta.


“We can actually embark on deregulation and the savings which will be about a trillion naira and if these savings are put into road infrastructure, the citizens of Nigeria will appreciate it,” Governor Abiodun said, per the state media.


“If you just fix roads in this State and do nothing else, our people will be happy because it facilitates every other thing. If people can move from Point A to point B, they can transport their children to school, can move their products and produce to markets and go to work on good roads, they will happy.


“NNPC showed some numbers that arose from the border closure that the consumption of fuel has dropped from 56 to 53 million litres daily. It shows that we have achieved very little.


“When you look at the N145 charge in Nigeria and the N320 that is charged in the neighbouring country, there is more than enough to go round to compromise everybody, so we cannot continue to deceive ourselves; we must do something about it”


Governor Abiodun also highlighted the deplorable condition of roads to be the biggest problem confronting the people adding that a lot of research was done to this effect and his administration has prioritized it.

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