NEWS AGENCY OF NIGERIA
FCCPC raids Utako market, seals shops over rebagged, underweight rice

FCCPC raids Utako market, seals shops over rebagged, underweight rice

214 total views today

By Ginika Okoye

The Federal Competition and Consumer Protection Commission (FCCPC), has raided and sealed some shops at Utako market for selling re-bagged and under-weight bags of rice.

Sealing the shops in Abuja on Tuesday, Mrs Boladale Adeyinka, the Director, Surveillance and Investigations Department of FCCPC, said the raid followed an intelligence gathered by the Commission.

She said the intelligence showed that traders in the market were re-bagging local rice in foreign rice bags and selling them at exorbitant prices as imported rice.

Adeyinka described the move as exploitative, and against consumer economic interests.

She said the products would be confiscated and the Commission would follow the trail to fish out the producers and branders of the rice.

”We are carrying out this operation to confirm and validate the intelligence that local rice, our own rice is being packaged in foreign brands and sold as foreign rice.

”And because the appetite of Nigerians are for foreign brands which are no longer in the market, the market cartels are now going about re-bagging the local rice and selling them as foreign rice.

”That is exploitative and against consumer economic interests.

”As a matter of fact, for Mama Gold, as far as 2015, they stopped all their export.

”This is 2025 and yet, like you heard from the testimony of the trader, he is aware that they don’t sell those sizes anymore.

”So that is why we are here,” she said.

Adeyinka said the traders found culpable would face administrative penalties and fines under the FCCP Act.

”They will follow due process based on the infractions,” she said.

Adeyinka warned consumers of foreign rice to buy from importers or distributors to ensure the quality of the product.

Some of the traders who their shops were sealed feigned ignorance of the re-bagging of the products.

Mr Emmanuel Nneji, one of the traders, said he was not aware that Stallion company had stopped production of the rice in a long while.

According to Nneji, he buys from his suppliers in Kaduna and Kano States.

”If there had been a publication that says that this particular product is no more in the market, I would not have bought it, because I do not want to buy goods and at the end of everything, I will lose it.

”So what am begging is that even if they say I should make sure that I return it back, that tomorrow they are coming, and they don’t want to find it, I will do it,” he said.

Another trader who refused to mention his name, said he usually bought Stallion rebagged rice due to its increasing demand in the market.

”I buy the rice because people ask of it a lot but I still sell the 10kg for N18,000 and not the normal N25,000 to N28,000 which the foreign brand is sold,” he said.

Mr Alex Igwemma, the Secretary, Utako Market Traders Association, frowned at the unannounced visit of the Commission to the market without prior notice to the market officials

Igwemma who said that those in the business ought to have known that the products had not been in existence, appealed to traders in the market to ensure they purchase quality products for sale in the market.

The News Agency of Nigeria (NAN) reports that no fewer than five wholesale shops filled with bags of rice were sealed by the Commission and the owners invited to FCCPC for further investigations. (NAN)(www.nannews.ng)

Edited by Ifeyinwa Okonkwo/Ese E. Eniola Williams

FCCPC summons MultiChoice over subscription price hike

FCCPC summons MultiChoice over subscription price hike

229 total views today

By Ginika Okoye

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to justify its proposed subscription price increase, set to take effect on March 1.

The summon was contained in a statement issued by FCCPC’s Director of Corporate Affairs, Mr Ondaje Ijagwu, in Abuja on Tuesday.

According to Ijagwu, the commission has directed the Chief Executive Officer (CEO) of MultiChoice Nigeria to attend an investigative hearing at its headquarters on Thursday.

He stated that the action followed MultiChoice’s formal notification of the price adjustment, which raised concerns about recurrent unilateral price hikes.

Other issues highlighted include potential market dominance abuse and perceived anti-competitive practices in the pay-television industry.

“The FCCPC is deeply concerned that Nigerian consumers continue to face frequent price increases, amid accusations that MultiChoice applies different pricing strategies in other markets, heightening questions about fairness and market abuse.

“Should MultiChoice fail to provide satisfactory explanations or be found in violation of fair market principles, the FCCPC will be left with no other option than to impose regulatory penalties, sanctions, or other corrective measures to protect Nigerian consumers.

“The FCCPC is engaging the sector regulator and other relevant agencies to ensure fair competition and consumer protection within Nigeria’s broadcasting and digital subscription landscape,” he said.

The News Agency of Nigeria (NAN) reports that on Feb. 24, MultiChoice announced a proposed price increase for its services, set to take effect from March 1.

In a statement titled “Price Adjustments for DStv and GOtv Packages,”MultiChoice informed its customers:

“Dear Customer, please note that effective 1 March 2025, there will be a price adjustment on all DStv packages.

“This is to enable us to continue to offer our customers world-class homegrown and international content, delivered through the best technology.”

According to the company, the latest price review will increase the DStv Compact bouquet from N15,700 to N19,000, Compact Plus to N30,000, and the Premium subscription to N44,500.

“GOtv customers, who currently pay N3,600, will now pay N3,900, while the subscription fee for GOtv Plus will increase from N4,850 to N5,800,” MultiChoice stated.

NAN also reports that the proposed increase comes roughly one year after its last price review. (NAN)(www.nannews.ng)

Edited by Kevin Okunzuwa

FCCPC uncovers substandard sugar, warns consumers

FCCPC uncovers substandard sugar, warns consumers

323 total views today

By Ginika Okoye

The Federal Competition and Consumer Protection Commission (FCCPC), has uncovered the availability of substandard and unregistered sugar products in markets.

A statement issued by Mr Ondaje Ijagwu, the Director, Corporate Affairs of the Commission in Abuja on Wednesday, said the substandard sugar product failed to meet mandatory Vitamin A fortification requirements.

He said the products were smuggled brands from Brazil, including Grupo Moreno, Terous, USI S. Joao, Alvean and Arapora Bionergia.

Ijagwu said the Commission’s investigations revealed that many of the identified sugar products lacked normal labeling, including production and expiry dates.

He said the products also lacked batch numbers and the mandatory National Agency for Food and Drug Administration and Control (NAFDAC) registration.

Ijagwu said the products posed serious health risks to consumers, undermined the integrity of the local sugar industry, and contributed to price manipulation that harmed the market.

According to him, the influx of smuggled sugar undermines fair competition, placing undue pressure on compliant local producers who adhere to regulatory standards.

He called on consumers to verify the authenticity of sugar products by ascertaining they had proper labeling, including NAFDAC registration and evidence of Vitamin A fortification.

“Acting on a tip-off, FCCPC operatives conducted discreet investigations across the country, particularly in the South-West and the North-East.

“The absence of this fortification exposes Nigerian consumers to serious health risks, including blindness and increased susceptibility to infections, particularly among vulnerable groups such as children and pregnant women.

“Importer of these substandard products engage in price manipulation to the detriment of genuine producers and consumers, while pretending that the products are genuine.’’

According to him, this jeopardises the sustainability of the Nigerian sugar industry and also erodes consumer trust in the market.

He said that smuggling facilitated through porous borders, particularly from neighboring countries such as Cameroun and Benin Republic, further complicated enforcement efforts and hampers traceability.

“The FCCPC is also deeply concerned about the economic impact of these products,” Ijagwu said.

He said the Commission was intensifying enforcement and surveillance in collaboration with NAFDAC, the Nigeria Customs Service (NCS), and other relevant agencies.

He said enforcement would include enhanced surveillance and follow-up market inspections to disrupt the supply chain of smuggled sugar products.

Ijagwu said the FCCPC was also engaging with industry stakeholders to promote compliance with quality standards, protect local producers, and foster fair competition within the sugar market. (NAN) (www.nannews.ng)

Edited by Ese E. Eniola Williams

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