The Federal Competition and Consumer Protection Commission (FCCPC) is set to sign a memorandum of understanding (MoU) with supermarket owners under the aegis of Retail Council of Nigeria (RCN) and National Association of Supermarket Operators of Nigeria (NASON) to ensure price transparency.
The Federal Competition and Consumer Protection Commission is set to sign a memorandum of understanding with supermarket owners under the aegis of Retail Council of Nigeria and National Association of Supermarket Operators of Nigeria to ensure price transparency.
He stated: “The concerns we have with the retail business, especially the formal sector, is this issue of price display on products. This has been a major concern for us. In his remark, a trustee of RCN/NASON, Mr. Haresh Keswani, who is also the Group Managing Director of SPAR Nigeria, said the retailers should not be blamed for price volatility.
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