FCCPC

FCCPC flags fuel price fixing, questions delay in aid despite falling global oil prices

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the slow decline in petrol prices across Nigeria despite a sharp decline in international crude oil prices, and warned that consumers may not receive the full benefit of the market downturn. According to the commission, findings from ongoing monitoring show that refiners, depot owners, petroleum marketers and petrol …

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