The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday raided 4U Signature, a Supermarket located in the Wuse Area of Abuja, the Nigerian capital city, over unfair pricing and selling of expired goods to consumers
The enforcement team discovered the supper-mart allegedly sold bags of rice that was overtaken by weevils, claiming that they had also rewritten dates on some products that had already expired, as well as phamacitals with less than 2months shelf life.
The Enforcement team led by the FCCPC acting Executive Vice Chairman, Adamu Ahmed Abdullahi, stormed the Supermarket after the Commission’s boss visited the store.
Prior to the raid, FCCPC, on April 17, had urged Nigerians to report businesses hiking prices of goods, saying that despite that the Naira was appreciating against the dollar, costs of commodities are still soaring.
The Commission said it will monitor and investigate price hikes in the markets to protect consumers from exploitation.
FCCPC said it was aware of the concerns expressed by Nigerians regarding the continued rise in prices of goods and services.
On February 16, this year, FCCPC sealed Sahad Stores, a high profile supermarket located in the Garki Area of Abuja for engaging in “misleading pricing and lack of transparency in pricing”.
The Commission said price discrepancies remain a significant issue in Nigeria, and emphasised that consumers have the right to be informed of the prices of items they intend to purchase.
(Editor: Ken Eseni)
