Petrol prices: FCCPC warns marketers over slow cuts despite crude oil price decline

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The Nigerian Federal Competition and Consumer Protection Commission (FCCPC) has warned fuel marketers about the slow reduction of petrol prices despite a significant decline in global crude oil prices. The commission urges quicker adjustments in prices benefiting consumers.

The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over what it described as the slow reduction in petrol prices by refiners, marketers, depot operators, and retailers despite the sharp decline in global crude oil prices, The post Petrol prices: FCCPC warns marketers over slow cuts despite crude oil price decline appeared first on Nairametrics.