Naira Gain: FCCPC moves to stop exploitation of consumers
Nigeria, April 17 -- The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the persistent increase in prices of goods and services despite the appreciation of the naira against the dollar.
The Commission's acting Executive Vice Chairman/ Chief Executive Officer, Adamu Abdullahi, on its X handle on Wednesday, said the situation was unacceptable, and the FCCPC was committed to protecting consumers from exploitation.
Mr Abdullahi noted that the move was in response to consumers' complaints and in line with sections 17 (a), (e), (g), (l), (s); 72(2)(a); 108(1)(b); 124; & 127(1)(a)(b) of the Federal Competition and Consumer Protection Act (FCCPA) 2018.
"The FCCPC understands the significant financial ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.