News Agency of Nigeria
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FCCPC engages grain sellers over price fixing, negative trade practices in Kano

FCCPC engages grain sellers over price fixing, negative trade practices in Kano

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By Bosede Olufunmi

The Federal Competition and Consumer Protection Commission (FCCPC) has reaffirmed commitment to sanitising Nigerian markets and safeguarding consumers through direct engagement with traders and market leaders.

Mr Tunji Bello, the Executive Vice Chairman/Chief Executive Officer of the FCCPC, said this on Wednesday during a market engagement held at Dawanau International Grains Market in Kano.

He said the commission is taking proactive steps to ensure fair and honest trade practices across the country.

According to him, outreach is part of the commission’s ongoing nationwide initiative aimed at interacting directly with those at the heart of economic activities farmers, producers, sellers, buyers and traders.

He added that “consumer protection does not happen from a distance, it begins in the markets, where traders like you power our economy, support families and drive national growth.’’

Bello explained that the engagement aligns with President Bola Tinubu’s Renewed Hope Agenda to prioritise reforms, protect livelihoods and promote inclusive development.

He said the prevalence of illegal practices such as rebagging and arbitrary price fixing, undermine market integrity and exploit consumers.

On his part, the President of Dawanau Market Development Association, Alhaji Muttaqa Isa, commended FCCPC for the engagement, describing it as a welcome initiative and a step in the right direction.

He said, “We will support government efforts to ensure availability of safe and affordable food for all Nigerians.’’

Isa pledged the traders’ determination to ensure quality of commodities sold in the market and price reflect value and not to be manipulated.

“We will continue to sensitise our members to the importance of fair pricing, quality assurance and adherence to regulations to protect consumers,” he said.

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He reiterated the market leadership’s commitment to work with relevant authorities to ensure compliance with laid down rules and to discourage adulteration of products. (NAN)(www.nannews.ng)

Edited by Remi Koleoso/Hadiza Mohammed-Aliyu

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Magdalene Ukuedojor
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