The Federal Competition and Consumer Protection Commission (FCCPC) has resolved to monitor and investigate unusual hikes in prices of goods and services. Ag. Executive Vice Chairman/Chief Executive Officer, Dr.
The Federal Competition and Consumer Protection Commission has resolved to monitor and investigate unusual hikes in prices of goods and services. Ag. Executive Vice Chairman/Chief Executive Officer, Dr. Adamu Abdullahi in a statement issued on Wednesday said it was unacceptable that despite the recent appreciation of the Naira against the Dollar, consumers continue to face escalating costs without a corresponding decrease in prices.
It said: 'The Federal Competition and Consumer Protection Commission is aware of the concerns expressed by Nigerians regarding the continued rise in prices of goods and services. 'Despite the recent appreciation of the Naira against the dollar, consumers continue to face escalating costs without a corresponding decrease in prices. 'This situation is unacceptable, and the FCCPC is committed to protecting consumers from exploitation.
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