The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the persistent increase in prices of goods and services despite the appreciation of the naira against the dollar.
The Commission’s acting Executive Vice Chairman/ Chief Executive Officer, Adamu Abdullahi, on its X handle on Wednesday, said the situation was unacceptable, and the FCCPC was committed to protecting consumers from exploitation.
Mr Abdullahi noted that the move was in response to consumers’ complaints and in line with sections 17 (a), (e), (g), (l), (s); 72(2)(a); 108(1)(b); 124; & 127(1)(a)(b) of the Federal Competition and Consumer Protection Act (FCCPA) 2018.
