Nigeria orders fuel regulator to tackle petrol price profiteering as crude oil prices fall, while seeking stronger consumer protection and investor confidence

*Dangote Refinery gets two UAE crude cargoes amid Gulf traffic return

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 FCCPC is concerned about slow fuel price cuts in Nigeria despite a sharp drop in global crude oil prices, suspecting consumer exploitation.

The Federal Competition and Consumer Protection Commission is putting fuel marketers and depot operators on notice, warning that…

The Federal Competition and Consumer Protection Commission (FCCPC) has warned oil marketers against exploiting consumers, saying the current retail prices of petrol do not reflect…

The FCCPC is investigating Nigerian fuel marketers for exploitative pricing, as pump prices remain high despite a significant drop in global crude oil cost

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

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…

Lokpobiri, who addressed the 2026 'General Counsels and Legal Advisers forum' in Abuja on Monday, emphasised that while the market forces...

Nigeria orders fuel regulator to tackle petrol price profiteering as crude oil prices fall, while seeking stronger consumer protection and investor confidence

The Federal Government on Monday reaffirmed its commitment to ensuring fairness in the downstream petroleum sector, saying it is engaging petroleum marketers and industry…

The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to ensure petroleum marketers do not exploit Nigerians through…