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The Nexus
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downstream petroleum sector

Coverage of downstream petroleum sector in the Nexus archive.

Earliest in view: Jun 28 · 17:37 UTCMost recent: Jun 29 · 05:15 UTC
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Recent coverage
  • BUSINESSJun 29 · 05:15 UTCALLAFRICA
    Nigeria: Amid Drop in Global Crude Oil Price, FCCPC Warns Marketers Against Exploiting Consumers

    The Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria warned downstream petroleum sector operators against exploiting consumers by not adjusting retail fuel prices to reflect the recent drop in global crude oil prices. FCCPC Executive Vice Chairman/Chief Executive, Mr. Tunji Bello, issued the warning.

  • BUSINESSJun 28 · 17:37 UTCPREMIUM TIMES NIGERIA
    FCCPC threatens sanctions, warns marketers over petrol price cuts

    The Federal Competition and Consumer Protection Council (FCCPC) is monitoring pricing trends in the downstream petroleum sector and has warned marketers against exploiting consumers by maintaining high petrol prices despite falling global crude oil prices. The agency threatens sanctions against businesses found guilty of such practices.