Petrol prices: FCCPC warns marketers over slow cuts despite crude oil price decline
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Petrol prices: FCCPC warns marketers over slow cuts despite crude oil price decline
29 Jun, 2026
The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over what it described as the slow reduction in petrol prices by refiners, marketers, depot operators, and retailers despite the sharp decline in global crude oil prices. The Commission in a statement issued on Sunday by its Director of Corporate Affairs, Ondaje ljagwu, warned that businesses found exploiting consumers could face sanctions.............….......READ MORE
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