FCCPC Demands Fuel Price Cuts as Crude Drops

FCCPC Demands Fuel Price Cuts as Crude Price Drops

Nigeria’s competition watchdog has demanded immediate relief for motorists’ wallets following a steep decline in global energy costs. Federal Competition and Consumer Protection Commission Chief Executive Officer Tunji Bello declared in Abuja that refiners and downstream marketers have no valid excuse to hold retail petrol rates high. The regulatory ultimatum follows a 21.7 per cent…

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