- The FCCPC is set to take action against traders and other market participants who engage in the exploitation of customers
- The commission stated that unethical practices, including price fixing, are jeopardizing the stability of the economy
- It, therefore, gave the traders a one-month ultimatum to adjust the prices of their commodities or face sanctions
Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.
The Federal Competition and Consumer Protection Commission (FCCPC) has granted a one-month grace period for traders and other market participants engaged in exploitative pricing to lower the costs of goods.
