The decision of the federal government to allow market forces to determine the retail price of petrol in Nigeria resulted to a rift among many as conflicting opinions flew left and right. While some commended the new electricity tariff and subsidy removal, canvassing for structural reforms, others kicked against the proposition including the People’s Democratic Party (PDP). The opposition party urged the government to announce the total removal of petroleum subsidy and under-recovery through a...

The Federal Competition and Consumer Protection Commission (FCCPC)  has commenced an investigation into possible illegal conduct by dominant Pay-TV service providers in Nigeria. Babatunde Irukera, the Chief Executive Officer of the FCCPC disclosed this. “Upon credible information, public announcements by operators, and consumer perception analytics, the Federal Competition and Consumer Protection Commission (FCCPC) have opened an investigation into the conduct of dominant Pay-TV service providers,” the statement read. According to the Commission, in the last...