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News Oil & Gas

FCCPC Warns Fuel Marketers Over Slow Petrol Price Cuts, Threatens Sanctions

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the slow pace of reductions in petrol prices despite the recent decline in global crude oil prices, warning that it will sanction operators found to be exploiting consumers. In a statement issued on Sunday, the commission said its ongoing surveillance of Nigeria’s downstream […]