Despite the regulatory pressure, Elegbede asserted that the new pricing regime has been put into effect nationwide. The recent increase in fuel pump prices has further strengthened the resolve of POS agents to adhere to the new pricing structure.
Elegbede noted, “Our members have already begun adjusting their prices. Although some agents may express concerns about the FCCPC’s statements, the rising fuel prices have solidified their determination. We anticipate that many more agents will adopt the new pricing in the coming days.”
