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Oil & Gas
FG to oil marketers: Deregulation must not become avenue for profiteering
Daily Trust
Jun 29, 2026 · 16:55 WAT
The Federal Government has warned petroleum marketers that the deregulation of premium motor spirit should not lead to profiteering. The Minister of State for Petroleum Resources emphasized that market forces determine fuel prices but urged operators to avoid exploiting consumers under the deregulated regime.