A Critique of the Nigerian Petroleum Products Pricing Regulatory Agency (PPPRA) Pricing Template and Cost Recovery Analysis
Article from: OGEL 3 (2006), in Africa
Summary
Over the years the Nigerian downstream petroleum sector has witnessed incessant price changes in the domestic pricing of petroleum products. Despite the strategic position of the country in the global oil industry, efficient pricing of the locally consumed petroleum products has become a huge challenge. At some point petroleum products prices have been altered as government strategic policy initiative to generate sufficient funds for a nation-wide infrastructural development. However recent price increases has been attributed to the higher oil prices at the international oil ...