A Review of the Nigerian Energy Industry

Niger hosts deregulation confab

Nigeria_map_of_statesA conference with the theme, ‘Deregulation of the downstream sector and development’ in Minna, Niger State capital entered its second day, Tuesday.

Organised by the National Council on Finance and Economic Development and the Ministry of Finance, the conference brings together stakeholders in the oil and gas sector, public service and academic.

According to the organisers, the forum will deliberate on issues bordering on deregulation and its impacts on the nation’s revenue generation, and utilisation capacity.
Others issues slated for discussions, include fiscal implications of the deregulation of the downstream sector, and assesment of the scheme vis-a-vis its ability to drive economic growth.

The statement reads: ‘The conference partcipants would be espoused to the ideals of the deregulations and policies relating to the removal or reduction of excessive controls, rules and regulations of the oil and gas industry.”

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