- By Halimah Olamide
The Federal Competition and Consumer Protection Commission has commenced it’s move to enforce price display and quanlity compliance at supermarkets across Abuja.
The Commission started this at 4U Supermarket, Wuse 2 Abuja on Thursday.
This move is a direct response to concerns raised by consumers about the rising costs of goods, which go against the recent strengthening of the naira.
The Executive Secretary of the Commission, Dr Adamu Abdullahi, said the exercise targeted at reducing the high cost of food commodities nationwide, would be extended to Lagos, Port Harcourt, Ibadan, Kano, Kaduna and other cities in the coming weeks.
Abdullahi said 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.
The Commission said price discrepancies remain a significant issue.
It emphasised that consumers have the right to be informed of the prices of items they intend to purchase.