If my understanding of the word is still relevant, my commonsense understanding of the term simply means reduction or elimination of government control or regulation in a particular industry, usually enacted to create more competition within the industry. If then it is true that government is deregulating the downstream sector of the economy, we then expect that bodies like the Petroleum Products Prices Regulatory Agency (PPPRA) and related bodies, whose existence would have become redundant would have been abolished by now. The fact that the same body, PPPRA, now fixed the price at N145 per liter of petrol tells me a lot about the so-called deregulation the government is pursuing!
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http://olalekanadigun.com/president-buhari-disagree-fuel-price-hike-olalekan-waheed-adigun/

The Problem now in Kaduna, along Nnamdi Azikwe Way, Abuja Junction to Kurmin Mashi, all the Kogi State peoples Filling Stations along that Road have adjusted their measures. A container of 25 litres now take more than 35 litres. Can somebody please do something to correct this fraud on the citizens of Kaduna State.