By Chioma Obinagwam
In its commitment to address rising prices and protect consumers, the FCCPC, earlier today, conducted targeted enforcement operations at two branches of 4U Supermarket in Abuja. Discoveries made during the operation included discrepancies between displayed and checkout prices, as well as the sale of weevil-infested rice.
Confiance News gathered from the official X handle of FCCPC on Thursday.
Dr. Adamu Abdullahi, the acting Executive Vice Chairman/Chief Executive Officer of FCCPC, stated that similar exercises will be conducted in both formal and informal markets across Nigeria to eliminate unfair trade practices such as collusion, price gouging, price fixing, and the formation of cartels.
The Commission temporarily sealed and reopened the supermarket after evacuating 97 bags of substandard rice, mainly Royal Stallion and Caprice brands, which have not been produced in the country since 2018. This raises suspicions that the products were repackaged to deceive consumers.
The management of the supermarket will be required to sign undertakings of compliance.
