The Major Oil Marketers Association of Nigeria (MOMAN) has called on the Federal Government to fully deregulate the downstream sector.
The Executive Secretary of the association, Mr Obafemi Olawore, who made the appeal, stated that total deregulation was a way of ending the persistent fuel scarcity in Nigeria.
Mr Olawore noted that the government’s inability to pay the over one billion dollars owed its members nationwide was impacting negatively on MOMAN’s operations.
He called on the government to pay the debt and also provide adequate foreign exchange to enable members of the association commence importation of products.