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The Federal Competition and Consumer Protection Commission (FCCPC) has warned oil marketers against exploiting consumers, saying current retail petrol prices do not reflect the sharp decline in global crude oil prices, and has threatened sanctions against companies found guilty of anti-competitive conduct. In a statement issued on Sunday, the Commission said its ongoing surveillance…
The Federal Competition and Consumer Protection Commission has accused operators in Nigeria’s downstream petroleum sector of possible consumer exploitation, warning that pump prices have refused to fall in step with a steep collapse in global crude oil prices. In a statement issued on Sunday by its Director of Corporate Affairs, Ondaje Ijagwu, the commission…
Nigeria’s primary consumer and food regulators signed a pact on Wednesday to end the jurisdictional friction that allows rogue traders to thrive. Tunji Bello of the Federal Competition and Consumer Protection Commission (FCCPC) and Mojisola Adeyeye of the National Agency for Food and Drug Administration and Control (NAFDAC) formalised this tie-up in Abuja. The deal…
The battle between Nigeria’s aviation sector and its competition regulator has escalated following a damning interim report. The Federal Competition and Consumer Protection Commission (FCCPC) claims it has uncovered patterns of “price manipulation” among domestic airlines during the 2025 festive season. In response, the Airline Operators of Nigeria (AON) has dismissed the findings as the…
