Experts fault fuel price cap, warn of market distortions, smuggling

Nigerian Tribune | 12-10-2026 09:33am |

Downstream oil and gas experts have cautioned that proposed government interventions to cap petrol landing costs and regulate pump prices could distort the market. They warned that such measures could encourage cross-border smuggling and trigger fuel shortages. The experts expressed these concerns amid ongoing discussions about government regulation of petroleum pricing.

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