By Obas Esiedesa, Abuja The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure that petroleum marketers do not exploit Nigerians through excessive pricing under the deregulated downstream market. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, gave the directive on Monday in Abuja while delivering the […]

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…

The Nigerian government has directed petroleum marketers to immediately reflect the recent decline in global oil prices by reducing PMS pump prices for con