The answer to this question will be determined by the view of the individual. For those who believe that the government should intervene in the everyday running of the economy, it is bad; for those of us who believe that the government should just govern and let the economic resources go to where they are needed most, it is very good.

The economy thrives when there is efficient allocation of scarce resources like money. The unnecessary intervention of the government in such cases is like suspending a waterfall. As they say, water will always find its level and if it is not allowed, with time the dam will burst.

A lot of powerful barons with vested interest in the oil and gas industry are doing everything that can to stop the deregulation. They want the government to continue with its inefficient allocation of resources to the subsidy of petroleum products. It is in the best interest of every Nigerian including generations unborn to welcome deregulation, otherwise we will never understand why prices fall in other places and it does not fall in our markets.

The untold realities are that at current prices petrol may indeed rise to N90 per litre, one wonders what happens when the world economy refuels and the thirst for black gold is back again , I believe we might not yet be fully ready for total deregulation unless the refineries are workin then subsidies would curb inflation,
today petrol is like the life that moves business and people, powers the generators of the small scale workers who make up the productive end of the economy, we are in a catch 22, what say you

None of the above