The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday, April 18, announced its plan to visit Lagos state to ensure adherence to price display and quantity regulations.
This announcement was made by the Executive Secretary of the Commission, Dr Adamu Abdullahi, who said the exercise targeted at reducing the high cost of food commodities nationwide, would be extended to other states like Rivers, Oyo, Kano, and Kaduna.
Abdullahi, made this disclosure on Thursday when operatives of the commission stormed supermarkets in the Federal Capital Territory (FCT), Abuja.
According to him, unannounced inspections would be carried out at stores and open markets across different states as part of measures to control the abnormal price surges which had failed to respond to the appreciation of the naira in recent weeks.
The FCCPC boss further disclosed plans to raid some open major markets on Friday (today) in the FCT to checkmate the arbitrary increase in prices of consumables by traders.
During the exercise that lasted several hours, the FCCPC sealed 4U Supermarket and evacuated 33 bags of suspected fake stallion and caprice rice filled with weevils from one of the branches of the same supermarket located at 58 Adetokunbo Ademola Crescent, Wuse II.
Commenting on the exercise, the commission wrote on its X (formerly) page:
“In its dedication to tackle increasing prices and safeguard consumers, the FCCPC carried out focused enforcement actions yesterday at two branches of 4U Supermarket in Abuja.
“Findings from the operation revealed discrepancies between displayed and checkout prices, along with the sale of rice infested with weevils.”
