15% petrol import duty against spirit of deregulation – Oil marketers

– Say it will lead to price increase– Policy is transformative, says IledareBy Obas Esiedesa, AbujaOil marketers have criticised the Federal Government’s plan to impose a 15 per cent import duty on petrol, arguing that the proposal contradicts the principle of deregulation in the downstream petroleum sector.According to them, genuine deregulation requires that petrol prices be determined strictly by market forces — not through additional government-imposed duties or taxe