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FCCPC Vows to Deal With Traders Inflating Commodity Prices

FCCPC

By Adedapo Adesanya The federal government, through its agency, the Federal Competition and Consumer Protection Commission (FCCPC), has vowed to take stringent regulatory measures against traders unfairly inflating prices of goods and commodities amid biting hardship in the country. The regulator expressed worry that despite the recent appreciation of the Naira against the dollar, consumers continue to face escalating costs without a corresponding decrease in prices of goods and commodities. “This situation is unacceptable, and the FCCPC is committed to protecting consumers from exploitation,” the FCCPC head, Mr Adamu Abdullahi said in a statement on Wednesday. “The FCCPC understands the

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