Former vice president, Atiku Abubakar has posited that with deregulation, the price of petroleum products should rather have dropped than raised.
He stated this via a tweet at his Twitter handle @Atiku on Tuesday.
“I am a businessman. I look at things from an economic perspective. Questions beg answers. The price of crude is down from where it was in 2019. In the US and Europe, fuel prices are far lower than they were in 2019. If we truly deregulated, shouldn’t fuel price have dropped?,” Atiku tweeted.
Recall that late week, the Federal government deregulated the oil sector, thereby rising petroleum price, a development that has generated outcry by citizens.
