FCCPC Threatens Nigeria’s Fuel Marketers With Sanctions Over High Petrol Prices Despite Crude Oil Crash

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over what it described as the exploitation of consumers by operators in Nigeria's downstream petroleum sector, warning that it will sanction businesses found engaging in unfair pricing practices. The commission disclosed this in a statement issued on Sunday by its Director of Corporate Affairs, Ondaje Ijagwu, following findings from its ongoing surveillance of the downstream oil market.

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