In the end, the deregulation of the oil sector will do more good than harm, indications have continued to point in the direction.
A day after Kano businessman, Alhaji Aminu Rano simply known as AA Rano, asked all his fuel stations to start selling at #107/litre against the official pump price pegged at #145, another billionaire businessman, Mr. Femi Otedola, has reportedly followed suit, asking that his Forte Oil be selling petrol at #115, according to a very reliable source.
Sources hinted us that, as time progresses, more businessmen would follow this line.
Otedola, we gathered, equally warned his staff against acting outside his directive.
With the removal of petrol subsidy by the Muhammadu Buhari-led government, interested individuals are free to venture into the oil business.
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