US President Donald Trump has criticised ExxonMobil and Chevron for making what he described as excessive profits and demanded they lower petrol prices for consumers.

Speaking to reporters on Monday, Trump said he was unhappy that both companies had benefited from higher fuel prices following strong second-quarter earnings driven by elevated oil prices during the Iran war.

“I don’t like it,” .“Chevron, too much money. ExxonMobil, too much. Too much money,”Trump told reporters on Monday.

Trump has often used public criticism to influence major companies. During his first term, he pressed automakers to keep production in the US, criticised defence contractors over costs and called on pharmaceutical companies to reduce drug prices.

Since returning to office, he has continued using the presidency to pressure companies without always relying on formal government action.

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The Nigerian Ports Authority (NPA) has introduced a movement code to streamline the movement of empty containers into seaport terminals and reduce traffic congestion caused by container trucks along the Apapa and Tin Can Island port corridors.

The Guardian reported that under the new policy, the movement code will serve as a unique identifier generated by a holding bay for every empty container uploaded to the Electronic Call-Up (ETO) platform.

The code must correspond with the details captured on the ETO system before trucks are granted access to port terminals.

In a notice issued to stakeholders, the NPA said the movement code has become a mandatory requirement for completing the truck-container matching process.

Truck drivers are required to obtain the code from designated holding bays before proceeding to the ports.

According to the authority, the initiative is designed to ensure that each truck is matched exclusively to its designated empty container, eliminate multiple allocations, improve traffic management and enhance operational efficiency within the port corridor.