Frankly, it is the present arrangement that is dynamic in responding to situations. In the past, it was only in Abuja, Lagos and Port Harcourt that products were bought at official prices sometimes.
If we agree that a greater majority of Nigerians live outside these few cities, this means that it is only a minority of our people that are the beneficiaries of the highly subsidised products.
Deregulation is therefore a policy that will swing the pendulum to the advantage of the majority of our people wherever the may be. It will ensure equity.