JUST IN: Crude price drops below $90, FCCPC to monitor petrol pump price

Sign in Welcome! Log into your account your username your password Forgot your password? Get help Password recovery Recover your password your email A password will be e-mailed to you. Tuesday, November 10, 2026 Sign in / Join News Lead Story Gist World News Faceoff Education Photo Gallery Healthy Living Economy Business Suite Naira Wise Value for Money Money || Capital Market Politics Hot Seat City Pulse Crime Court Metro Point Extra Photo Of The Week Opinion Views Cartoons Editorial Weekend Treat Beer Parlour Parliament Elder’s Porch Marriage Palaver Elegance Entertainment Fashion Jewel Spouses Star christian world Islam FROM THE ARCHIVES ThePoint TV Facebook News Lead Story Gist World News Faceoff Education Photo Gallery Healthy Living Economy Business Suite Naira Wise Value for Money Money || Capital Market Politics Hot Seat City Pulse Crime Court Metro Point Extra Photo Of The Week Opinion Views Back page Eye witnesses Cartoons Editorial Weekend Treat Beer Parlour Parliament Elder’s Porch Marriage Palaver Elegance Entertainment Fashion Jewel Spouses Star christian world Islam FROM THE ARCHIVES ThePoint TV Search Home News JUST IN: Crude price drops below $90, FCCPC to monitor petrol pump… News FacebookXPinterestWhatsApp The Federal Competition and Consumer Protection Commission has said it is closely monitoring the continued drop in crude oil prices in the international market to ensure the gains are reflected in what Nigerians pay at filling stations.

The Commission disclosed the plan in a statement on Tuesday.

According to the FCCPC, it is watching the decline in crude oil price which has fallen below $90 per barrel, with a view to ensuring that marketers adjust pump prices accordingly to reflect market realities.

The Commission said it will not allow consumers to be shortchanged, adding that any anti-competitive practices or exploitative pricing by operators in the downstream petroleum sector would be investigated.

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