Nigerian govt issues traders 30-day ultimatum to crash prices

The Nigerian government, through the Federal Competition and Consumer Protection Commission, has given traders in the country a one-month ultimatum, September 2024 to crash the prices of goods. FCCPC vice chairman, Tunji Bello disclosed this during a stakeholders’ meeting on exploitative prices in Abuja on Thursday. According to him, the Commission has uncovered several cases …

September rollout: Tinubu panel, Dangote refinery brainstorm on petrol pricing

There are indications that the Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira will further discuss the pricing of Premium Motor Spirit, popularly called petrol, to be released by the Dangote Petroleum Refinery next month. Multiple officials, both among oil marketers and members …