Stakeholders in the petroleum industry have told Nigerians to prepare to buy fuel at 750/litre once the subsidy is removed.

This is coming as the federal government prepares to completely deregulate the downstream sector of the Nigerian oil and gas industry in the coming months.

According to reports gathered, this was the high point of stakeholders’ interventions during an online workshop. The theme was tagged “Deregulation of the Nigerian Downstream Sector: The Day After.”

The workshop was organized by industry stakeholders, in collaboration with the African Refiners and Distributors Association (ARDA).

It emerged, yesterday, also, that Nigeria was struggling to find buyers for its crude oil.

This is reportedly a result of strikes in the French refining sector and seasonal maintenance at plants elsewhere in Europe cut into the Organisation of Petroleum Exporting Countries (OPEC) producer’s sales.