The Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday said it is aware of the concerns expressed by Nigerians regarding the continued rise in prices of goods and services.
The commission in a statement signed by its acting Executive Vice-Chairperson/Chief Executive Officer, Adamu Abdullahi, said despite the recent appreciation of the Naira against the dollar, consumers continue to face escalating costs without a corresponding decrease in prices.
Mr Abdullahi explained that the situation is unacceptable while noting that the commission is committed to protecting consumers from exploitation.
