There is a market overstock as the EFCC pursues the oil tycoons.

Because of the move by the Economic and Financial Crimes Commission (EFCC) to clamp down a lucrative black market for petrol smuggling and fish out "Petrol Kings," Africa's largest oil producing country is currently swimming in an excess supply of petrol. This new term refers to gasoline marketers who transport more goods than the...for further reding, click onhttps://businessday.ng/energy/oilandgas/article/market-glut-as-efcc-goes-after-petrol-kings/

Source: BusinessDay Newspaper              June 5,2021