The Federal Competition and Consumer Protection Commission (FCCPC) has issued an ultimatum of one month for businesses and market participants to eliminate unfair pricing practices. This announcement was made by the newly appointed Executive Vice Chairman, Mr. Tunji Bello, at a stakeholder meeting on pricing matters that took place in Abuja on Thursday.
Bello stressed that the FCCPC will pursue legal action against those who fail to comply with the moratorium. The meeting was called to address the rising issue of excessive pricing for consumer goods and services, as well as unethical conduct by market associations....Read Full Article [Click Here>]